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Both US Steel and Nippon have maintained that the deal poses no national security threat. The companies each put out statements Monday night saying CFIUS notified them that it failed to reach a ...
Nippon Life Insurance Co. said it will invest an additional $550 million in US asset management firm TCW Group Inc., as it embarks on a buying spree to accelerate global expansion. Japan’s ...
WASHINGTON (Reuters) -Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action ...
Wesfarmers Ltd. will sell its Coregas industrial gas unit to a subsidiary of Nippon Sanso Holdings Corp. for A$770 million ($480 million). The Australian conglomerate expects to report a pre-tax ...
Tokyo, Dec. 17 (Jiji Press) — The Japan Business Federation, or Keidanren, plans to appoint Nippon Life Insurance Co. Chairman Yoshinobu Tsutsui as the next head of the biggest business lobby in ...
The acquisition would mark Nippon Life's second major overseas investment this year, following its $3.8 billion purchase of a 20 per cent stake in U.S. insurance firm Corebridge Financial in May.
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Jeff Swensen / Getty Images President Joe Biden reportedly plans to formally block the $14 billion sale of United States Steel to Japan's Nippon Steel on national security grounds. According to ...
WASHINGTON (Reuters) -Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner ...
“I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,” Mr. Trump wrote in a post on Truth Social. “As ...
In less than a month, the Committee on Foreign Investment in the United States (CFIUS) is scheduled to issue its findings regarding Nippon Steel’s proposed acquisition of U.S. Steel for nearly $ ...