Nippon Steel Considers Suing US After Biden Blocks $15bn Deal

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Japan's top steel maker said the US government's reviewing process and the decisions over its acquisition proposal for US Steel did not seem properly handled

The post Nippon Steel Considers Suing US After Biden Blocks $15bn Deal appeared first on Asia Financial.

Shares in Nippon Steel fell only slightly on Monday — their first day of trade since Biden blocked the deal.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong KongJapanUnited States

Topics: Asia US-Japan World Capital Markets Market Insights North Asia Nippon Steel Markets Regions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 13:33:12 (3 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 1013 words

Reading Time: 6 minutes read

Sentences: 40 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 24963589

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

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