Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.
The trial for Nippon Steel Corp.'s lawsuit seeking to nullify U.S. President Joe Biden's decision to block its $14.1 billion takeover
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
delivers a speech on U.S. Steel during a press conference at their company headquarters Tuesday, Jan. 7, 2025, in Tokyo. (AP Photo/Eugene Hoshiko) Eiji Hashimoto, chairman and CEO of Nippon Steel Corporation, attends a press conference at their company ...
TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal war against the U.S. government. They hope the lawsuits will overturn President Joe Biden's order to give up the acquisition.
TOKYO -- U.S. President Joe Biden's order to block Nippon Steel's acquisition of U.S. Steel is rousing concern among the Japanese government and business community that the incident will discourage Japanese corporate investment in the U.S. and weaken bilateral relations.
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.
Authorities will put the French overseas territory of Mayotte on red alert late on Saturday, Overseas Minister Manuel Valls said, as a tropical storm nears the Indian Ocean archipelago that was devastated by a cyclone last month.
who said the opportunity to acquire U.S. Steel was unique and would impact the Tokyo-based company if it were not to go through. "There will be indisputable and irreparable harm" if the deal doesn ...
President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.