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US Steel and Nippon file lawsuit

Hosted on MSN · 2d

Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'

The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is "a bad idea" as the billion-dollar deal was legally blocked.

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

CNN on MSN · 3d

Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

Japan, u.s. steel

Despite Nippon Steel, US and Japan say ties stronger than ever

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

The Wall Street Journal on MSN · 5h

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled Tokyo and risks straining relations with one of Ame

Steel Setback: Biden Risks Japan Ties, Investment

By blocking the acquisition of US Steel, President Joe Biden has irked Japan, one of Washington's closest allies whose firms are the biggest foreign investors in the United States.

20hon MSN

Yellen says CFIUS made "thorough analysis" of blocked US Steel-Nippon Steel merger

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a ...

The Economist2h

What next for US Steel?

Overturning Mr Biden’s decision in court will be tough. Judges give wide latitude to the executive on matters of national ...

2don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

2don MSN

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...

2don MSN

Blinken visits Japan as Nippon Steel decision weighs on relations

By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's ...

3don MSN

Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...

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