Nippon Steel's Final Effort to Save $14.9 Billion U.S. Steel Deal

Reported 29 days ago

Nippon Steel's vice-chair, Takahiro Mori, is set to meet senior U.S. officials in Washington in a last-ditch effort to rescue the proposed $14.9 billion acquisition of U.S. Steel. The deal faces scrutiny from the Committee on Foreign Investment in the U.S. (CFIUS) due to national security concerns related to steel supply, with bipartisan opposition from lawmakers including Vice President Kamala Harris and former President Donald Trump.

Source: YAHOO

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