Federal decision on Nippon-US Steel takeover to be pushed back

  • Posted on September 18, 2024
  • By The Hill
  • 1 Views
Federal decision on Nippon-US Steel takeover to be pushed back

Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election. The Committee on Foreign Investment in the United States (CFIUS), in inter-agency group that…
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