Biden Blocks Nippon Steel's $14.9B Acquisition of U.S. Steel ...Middle East

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Biden Blocks Nippon Steels $14.9B Acquisition of U.S. Steel
source : Devdiscourse ( Middle East ) () 118
In a significant move, President Joe Biden has taken a stand against Nippon Steel’s $14.9 billion acquisition of U.S. Steel. This decision, influenced by national security concerns, has ended a contentious and lengthy proposed merger after its referral by the Committee on Foreign Investment in the United States (CFIUS).

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