Biden Blocks Nippon Steel’s $14.9 Billion Takeover Bid Of U.S. Steel

Jan 03, 2025

U.S. President Joe Biden has blocked Nippon Steel’s $14.9 billion bid to acquire U.S. Steel, according to a report from The Washington Post citing unnamed administration officials. The White House is expected to formally announce the decision as soon as Friday, following a protracted review… Biden Blocks Nippon Steel’s $14.9 Billion Takeover Bid Of U.S. Steel