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Nippon, US Steel file suit

The Associated Press on MSN · 6h

US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia

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.

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.

ABC News on MSN · 1d

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 merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

1hon MSN

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

By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan ...

3hon MSN

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 ...

17h

Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills

Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...

8hon MSN

Analysis-China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...

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