Nippon Steel’s US$15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie-up he has previously said ...
That makes U.S. Steel "a once-in-a-lifetime opportunity for Nippon Steel ... "a national security risk", according to the Washington Post, which first reported the referral to Biden.
U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...