Nippon Steel is Resolute On Acquiring US Steel For $15 Billion Despite Biden’s Block
Nippon Steel remains resolute in its $15 billion acquisition bid for U.S. Steel, Chief Executive Eiji Hashimoto stated on Tuesday, following President Joe Biden’s decision to block the Japanese steelmaker’s attempt. “There is no reason or need to give up,” Hashimoto told reporters at the company’s Tokyo headquarters. “We are convinced it’s clearly beneficial for … Read more