The latest episode from MEPS International’s Speaking of Steel podcast series explores the latest developments in Nippon Steel’s USD15 billion bid to acquire US Steel.
MEPS’s US steel market analyst Laura Hodges joined managing editor Tom Sharpe to discuss President Joe Biden’s recent blocking of the deal and the fallout that followed. The President’s ruling, on national security grounds, followed his consideration of the findings from a Committee on Foreign Investment in the United States (CFIUS) investigation into the takeover.
In the days that have followed, however, Nippon and US Steel have filed joint legal proceedings against the US Government in an attempt to keep the deal alive, as previously reported by MEPS.
In this ‘Speaking of Steel: What next for blocked Nippon-US Steel merger?’ episode from the Speaking of Steel podcast series, Hodges and Sharpe consider:
