Multinational companies call for an objective review of the US Steel deal — News — GMK Center ...Middle East

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The appeal appeared amid strong criticism of the acquisition of an American steel company A group of multinational companies is calling on the US government to conduct an objective analysis of the proposed acquisition of US Steel by Japan’s Nippon Steel without political context, AFP reports. The letter was published by the Global Business Alliance (GBA), which represents international companies in the United States. The appeal comes after the proposed deal worth more than $14 billion drew criticism from Washington and labor unions. In December last year, the White House called for a serious review of the takeover. In a letter addressed to U.S. Secretary of Commerce Janet Yellen, the tr

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