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…