Wednesday, September 04, 2024

Steel

Washington Post: Biden preparing to block Nippon Steel purchase of U.S. Steel - The move would pose a setback for relations with Japan. By David J. Lynch and Jeff Stein

...he (Biden) will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, according to three people with knowledge of the matter, who spoke on the condition of anonymity to describe a matter not yet made public. 

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