US panel could not reach consensus on US-Japan steel deal: Nippon
A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk, according to two sources familiar with the matter.
Nippon Steel's U.S. Steel bid referred to President Biden for final decision
Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.
Nippon’s bid for US Steel in Joe Biden’s hands after panel vetting deal deadlocked
The (Cfius) reported to the White House on Monday that the nine agencies on the panel had not reached consensus that the deal posed no security risks, according to Nippon Steel and a person familiar with the matter.
Japanese firm says panel has referred its bid for U.S. Steel to Biden
The CFIUS was unable to reach a consensus in Nippon Steel's planned $15 billion purchase of U.S. Steel, Japanese firm said.
Federal panel gives split ruling on U.S. Steel-Nippon sale, leaving decision to Biden
The Committee on Foreign Investment in the United States told the White House on Monday that it is deadlocked on the proposed $14.9 billion sale of U.S. Steel to Japan’s Nippon Steel Co., teeing up President Joe Biden to block the sale.
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