Tag #Cfius

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Biden to Decide Fate of Nippon Steel's U.S. Steel Acquisition

President Joe Biden will decide within 15 days whether to block a nearly $15 billion deal for Nippon Steel of Japan to purchase U.S. Steel, after a government panel failed to reach consensus on national security risks; the United Steelworkers union opposes the deal, while Nippon Steel promises signi...

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Biden to Decide Fate of Nippon Steel's U.S. Steel Bid

President Biden will decide within 15 days whether to block Nippon Steel's nearly $15 billion acquisition of U.S. Steel after a government panel failed to reach a consensus on national security concerns, despite arguments that the deal could help preserve American steel production.

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edition.cnn.com
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Biden to Decide Fate of Nippon Steel's US Steel Acquisition Amidst National Security Concerns

President Biden will decide the fate of Nippon Steel's proposed acquisition of US Steel after a government committee failed to reach a consensus on whether the deal poses a national security risk; the deal is also under antitrust review, and President-elect Trump has vowed to block it.

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abcnews.go.com
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CFIUS Deadlocks on Nippon Steel-U.S. Steel Merger, Decision Rests with Biden

President Joe Biden will decide the fate of a proposed $14.9 billion deal for Nippon Steel to acquire U.S. Steel after a government panel deadlocked on national security concerns; Biden previously opposed the deal citing concerns over domestic ownership and operation.

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