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Joe Biden blocks Nippon Steel’s bid to purchase US Steel

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Joe Biden blocks Nippon Steel’s bid to purchase US Steel
Business
Source: The Guardian
Author: Reuters
Published: Jan, 03 2025 13:16

President Biden said the $14.9bn deal could hurt national security. US president Joe Biden on Friday followed through on his pledge to block Nippon Steel’s $14.9bn bid for US Steel, citing concerns the deal could hurt national security. More details to come ….

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