U.S. Security Review Inconclusive on Nippon Steel's U.S. Steel Bid

Washington, Dec. 23 (Jiji Press)--Nippon Steel Corp. said Monday that it has received a report that U.S. President Joe Biden will determine whether to approve the Japanese company's plan to acquire United States Steel Corp. after a U.S. security review ended without a consensus. Biden is expected to make his decision within 15 days. The planned acquisition seems to be difficult as the U....

U.S. Security Review Inconclusive on Nippon Steel's U.S. Steel Bid
Washington, Dec. 23 (Jiji Press)--Nippon Steel Corp. said Monday that it has received a report that U.S. President Joe Biden will determine whether to approve the Japanese company's plan to acquire United States Steel Corp. after a U.S. security review ended without a consensus. Biden is expected to make his decision within 15 days. The planned acquisition seems to be difficult as the U....