US Steel, Nippon move court against Biden blocking $14.9 billion deal

Quick Summary:

President Joe Biden blocked the $14.9 billion buyout of the American steelmaker by the Japanese company.

Steel and Nippon Steel said on Monday they had filed two lawsuits after U.S.

One lawsuit asked a court to set aside Biden's order and the review process by a U.S.government panel.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: File Biden Nippon Blocking Move Court Lawsuit Mediacorp Steel Experience President

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 20:27:31 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 186 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Channel News Asia

News ID: 24917235

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 35 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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