Tag: COMMITTEE ON

CFIUS Panel Divided Over Nippon Steel’s Acquisition of U.S. Steel

Dec 15, 2024

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by

Joshua Smith

in general invests

The U.S. Treasury informed Nippon Steel that the panel reviewing its $14.9 billion acquisition of U.S. Steel is divided on addressing security concerns. The Committee on Foreign Investment (CFIUS) faces a deadline next Sunday to issue a recommendation, with opposition to the deal rooted in potential national security implications. A report from the Financial Times…