Biden halted the Nippon Steel takeover of U.S. Steel, citing a strong domestic steel industry as crucial for national security. The companies involved filed a lawsuit in the U.S. Court of Appeals for the District of Columbia, arguing the decision was politically motivated and violated their due process rights. They maintained the merger would bolster U.S. steel production, supply chains, and competitiveness against China, while investing in aging U.S. Steel facilities.
Nippon Steel also promised to maintain U.S. production capacity for a decade. Biden's intervention marks the first time a U.S. president has blocked a merger between a U.S. and Japanese firm, despite administration officials stating the decision was unrelated to bilateral relations.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Biden Blocks Nippon Steel's $15 Billion US Steel AcquisitionUS President Joe Biden blocked a $15 billion deal by Japan's Nippon Steel to buy US Steel, citing national security concerns. The companies plan to challenge the decision legally.
منبع: FT - 🏆 113. / 51 ادامه مطلب »
Biden to Block Nippon Steel's $15 Billion US Steel AcquisitionPresident Joe Biden is expected to veto Japan's Nippon Steel's $15 billion bid to acquire US Steel, citing national security concerns. The decision, which could face legal challenges, marks a significant shift in US investment policy and a setback for US-Japan relations.
منبع: ftenergy - 🏆 47. / 63 ادامه مطلب »
Nippon Steel and US Steel Sue Biden After $15 Billion Merger BlockedThe companies allege 'unlawful political interference' and 'illegal and coordinated actions' by rivals in the US to prevent the deal.
منبع: FT - 🏆 113. / 51 ادامه مطلب »
Biden Blocks Japanese Acquisition of U.S. Steel Citing National SecurityPresident Biden blocked a proposed deal for a Japanese company to acquire U.S. Steel, citing national security concerns.
منبع: NECN - 🏆 20. / 71 ادامه مطلب »