US blocks Nippon Steel's bid to purchase U.S. Steel-March 2024-www.financetom.com

US blocks Nippon Steel's bid to purchase U.S. Steel

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US blocks Nippon Steel's bid to purchase U.S. Steel

Jan 3, 2025 5:32 AM

WASHINGTON, Jan 3 (Reuters) - U.S. President Joe Biden

on Friday followed through on his pledge to block Nippon Steel's ( NISTF )

$14.9 billion bid for U.S. Steel, citing concerns

the deal could hurt national security.

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