US Panel Split on Nippon Steel's US Steel Acquisition, Yet Path Forward Possible

Reported about 10 hours ago

A national security panel has provided a divided recommendation to President Trump regarding Nippon Steel's bid for U.S. Steel, although most members believe the associated security risks can be managed. The Committee on Foreign Investment in the U.S. submitted their findings after Nippon Steel increased its investment offer to $14 billion to secure approval. Trump now has 15 days to review the recommendations and decide on the deal's fate, previously blocked by Biden over national security concerns.

Source: YAHOO

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