X - Amid Opposition From Biden and Workers Nippon Steel VC Returns To Discuss US Steel Acquisition | Benzinga
The Vice Chairman of Nippon Steel, Takahiro Mori, is gearing up for another trip to the United States to continue discussions on the proposed acquisition of U.S. Steel (NYSE:X).
What Happened: Mori’s upcoming visit will be his third to the U.S. in recent months, emphasizing the importance of the $15 billion takeover bid for the world’s fourth-largest steelmaker, Reuters reported on Wednesday. Despite support from U.S. Steel’s management, the deal has faced resistance from the White House and the United Steelworkers union.
While Nippon Steel has not released further information ...