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US Steel and Nippon sue after Biden nixes takeover

The US government blocked the $15B acquisition last week

Isabeau van Halm
President Joe Biden during a visit to support the US steel industry in April 2024.

President Joe Biden during a visit to support the US steel industry in April 2024. | Credits: White House/Adam Schultz

Nippon Steel and US Steel filed multiple lawsuits after the US government blocked the takeover of American steelmaker US Steel by Japan's Nippon.  Nippon already said last week that it was considering...

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