National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
Panel fails to reach consensus on national security risk of U.S. Steel sale
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
Nippon Steel's Ambitious Bid Clouded by National Security Concerns
The Committee on Foreign Investment in the United States (CFIUS) has informed the White House of its inability to reach a consensus on the national security risks associated with Nippon Steel's bid for U.
Biden will decide on U.S. Steel acquisition after influential panel fails to reach consensus
A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel
Biden to decide U.S. Steel's fate
President Joe Biden is set to decide the fate of U.S. Steel after a national security committee failed to reach a consensus on whether it could be purchased by a Japanese company.
National security watchdog punts $15B steel deal decision to Biden
President Joe Biden will make the decision on the Nippon Steel-U.S. Steel deal in the next 15 days after an oversight board passed on it.
Biden to decide on US Steel takeover after panel deadlocks
The proponents were notified that the panel was unable to reach consensus. The president is said to still be planning on blocking it, though the White House has never said flatly that he would. He has 15 days from the referral to announce a decision and has repeatedly said U.
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