Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
Posted inBiden, Joseph R Jr Foreign Investments International Relations Japan Mergers, Acquisitions and Divestitures Nippon Steel Corporation Trump, Donald J United States International Relations United States Steel Corporation

Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
Posted inBiden, Joseph R Jr Committee on Foreign Investment in the United States (CFIUS) Foreign Investments Harris, Kamala D Mergers, Acquisitions and Divestitures Nippon Steel Corporation Presidential Election of 2024 Steel and Iron Trump, Donald J United States Economy United States Politics and Government United States Steel Corporation

Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon

The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.