Nippon Steel CEO Eiji Hashimoto reaffirmed the company's commitment to its proposed $15 billion acquisition of U.S. Steel, stating there is 'no reason or need to give up'. Hashimoto emphasized that the deal is 'clearly beneficial for both nations' and acknowledged the process may take time. He highlighted the recent legal action taken by both companies in the U.S. as a significant development in the process. The steelmakers filed separate lawsuits in the U.S.
Court of Appeals for the District of Columbia and the U.S. District Court for the Western District of Pennsylvania, challenging the Biden administration's move to block the acquisition. They argue that the merger will 'enhance, not threaten, United States national security.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
US Steel and Nippon Steel sue Biden over move to block mergerPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
출처: dcexaminer - 🏆 6. / 94 더 많은 것을 읽으십시오 »
Nippon Steel and U.S. Steel Sue Biden Administration Over Blocked AcquisitionNippon Steel and U.S. Steel filed a lawsuit against the Biden administration challenging the decision to block their proposed $15 billion merger. The lawsuit alleges political motivation and lack of legal basis for the rejection.
출처: Newsweek - 🏆 468. / 52 더 많은 것을 읽으십시오 »
US Steel and Nippon Steel Sue Biden to Overturn $15 Billion Merger BlockU.S. Steel and its would-be Japanese suitor Nippon Steel have filed lawsuits to defend their $15 billion merger after President Biden blocked the deal citing national security concerns. The companies accuse Biden of violating their due process rights and interfering with a good-faith regulatory review, alleging his opposition was politically motivated to appease the steelworkers' union. A separate lawsuit targets the steelworkers union and a rival steelmaking company, Cleveland Cliffs, accusing them of attempting to monopolize the domestic steel market.
출처: NPR - 🏆 96. / 63 더 많은 것을 읽으십시오 »
Biden Administration Blocks US Steel-Nippon Steel MergerThe Biden administration blocked a $14 billion merger between U.S. Steel and Japan-based Nippon Steel, citing national security concerns. The companies sued the administration, alleging political motivations and favoritism towards the United Steelworkers union.
출처: ABC - 🏆 471. / 51 더 많은 것을 읽으십시오 »