Biden blocks Nippon Steel's proposed deal to acquire US Steel

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition.

Jan 3, 2025 - 12:30
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Biden blocks Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition.

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