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White House: Review of Nippon Steel's proposed purchase of U.S. Steel is ongoing

White House: Review of Nippon Steel's proposed purchase of U.S. Steel is ongoing WASHINGTON, Sept 18 (Reuters) - The White House said on Wednesday that the review process of Nippon Steel's proposed purchase of U.S. Steel is ongoing and that it knows of no delay or extension. A source told Reuters this week that the U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S.
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U.S. STOCKS United States Steel, Ambac Financial, Apple

BUZZ-U.S. STOCKS ON THE MOVE-United States Steel, Ambac Financial, Apple Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with jitters over the magnitude of the reduction dominating mood.
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U.S. STOCKS Powerfleet, NMI, Vivos Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-Powerfleet, NMI, Vivos Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were flat on Wednesday as investors stepped onto the sidelines ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with bets favoring a 50-basis-point reduction.
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US Steel up on report of CFIUS delaying decision on Nippon merger

BUZZ-US Steel up on report of CFIUS delaying decision on Nippon merger ** United States Steel's X.N shares rise 3.5% to $37.50 premarket ** Committee on Foreign Investment in the United States (CFIUS), the body reviewing Japanese firm Nippon Steel's 5401.T $14.9 bln bid for U.S. Steel, let the companies refile their application for the deal's approval, a person familiar with the matter told Reuters ** CFIUS needs more time to understand the deal's impact on national security and engage with the
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Nippon Steel Has Refiled Application To CFIUS Regarding Its Proposed Acquisition Of U.S. Steel, Nhk Says

BRIEF-Nippon Steel Has Refiled Application To CFIUS Regarding Its Proposed Acquisition Of U.S. Steel, Nhk Says Sept 18 (Reuters) - Nippon Steel Corp 5401.T : NIPPON STEEL HAS REFILED APPLICATION TO CFIUS REGARDING ITS PROPOSED ACQUISITION OF U.S. STEEL, NHK SAYS Source text for Eikon: [ID:] Further company coverage: 5401.T X.N Reporting by Yuka Oba
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New York Times business news - Sept 18

PRESS DIGEST-New York Times business news - Sept 18 Sept 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The Biden administration is granting a request by Japan's Nippon Steel 5401.T to resubmit its filing with the Committee on Foreign Investment in the United States for approval to purchase U.S.
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Japan says essential for it and US to strengthen economic relations

Japan says essential for it and US to strengthen economic relations TOKYO, Sept 18 (Reuters) - Japan's Deputy Chief Cabinet Secretary Hiroshi Moriya said on Wednesday that it was "essential" for Japan and the United States to further strengthen economic relations, including expanding mutual investment between the two nations. He made the comment after a report that the U.S.
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Financial Times - Sept. 18

PRESS DIGEST- Financial Times - Sept. 18 Sept 18 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - US delays decision on Nippon Steel's $15bn takeover of US Steel - EU competition chief warns against weakening rules to create champions - Guardian in talks to sell the Observer newspaper to Tortoise Media - UK plans shake-up of welfare system to tackle working-age inactivity Overview - The
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US decision on Nippon bid for US Steel pushed back to after Nov election, sources say

UPDATE 6-US decision on Nippon bid for US Steel pushed back to after Nov election, sources say CFIUS extends timeline to review Nippon Steel's US Steel bid National security decision likely delayed at least to December, source says Nippon bid opposed by presidential candidates, US Steel's union Nippon says merger offers much needed capital for US Steel Adds NHK report about Nippon Steel's re-filing in paragraph 5 By Jeff Mason, Alexandra Alper and Katya Golubkova WASHINGTON/TOKYO, Sept 18 (Reute
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Nippon Steel - No Comment On Report That CFIUS Granting The Company Request To Refile Its Merger Application For Us Steel

BRIEF-Nippon Steel - No Comment On Report That CFIUS Granting The Company Request To Refile Its Merger Application For Us Steel Sept 18 (Reuters) - Nippon Steel Corp 5401.T : NIPPON STEEL: NO COMMENT ON REPORT THAT CFIUS GRANTING THE COMPANY REQUEST TO REFILE ITS MERGER APPLICATION FOR US STEEL Source text for Eikon: [ID:] Further company coverage:
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CFIUS grants Nippon Steel's request to refile bid for US Steel, source says

CFIUS grants Nippon Steel's request to refile bid for US Steel, source says Sept 17 (Reuters) - CFIUS, the Committee on Foreign Investment in the United States, that is reviewing a bid by Japan's Nippon Steel 5401.T to buy U.S. Steel X.N has granted a request from the Japanese company to refile its takeover application, a person familiar with the matter said on Tuesday.
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US Steel CEO confident Nippon Steel deal will close 'on its merits'

UPDATE 3-US Steel CEO confident Nippon Steel deal will close 'on its merits' Adds Burritt quote in paragraph 3, reference to union letter in paragraph 13 By Ben Klayman DETROIT, Sept 17 (Reuters) - U.S. Steel X.N CEO David Burritt said on Tuesday he was confident Nippon Steel's 5401.T $14.9 billion bid for his company would "close on its merits," despite political opposition and concerns raised in a national security review.
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US Steel CEO confident Nippon Steel deal will close "on its merits"

US Steel CEO confident Nippon Steel deal will close "on its merits" Sept 17 (Reuters) - U.S. Steel X.N CEO David Burritt said on Tuesday he was confident Nippon Steel's 5401.T $14.9 billion bid for his company would "close on its merits," despite political opposition and concerns raised in a national security review. Burritt, speaking at the Detroi
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U.S. Steel's proposed $14.9 billion merger with Nippon Steel

TIMELINE-U.S. Steel's proposed $14.9 billion merger with Nippon Steel Repeats Sept 5 item to fix formatting with no changes to text Sept 5 (Reuters) - The White House is set to announce that President Joe Biden will block Nippon Steel's $14.9 billion bid for the U.S. Steel X.N citing national security concerns, two sources familiar with the situation told Reuters.
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Japan, US face shared challenge from cheap China steel, Japan PM hopeful says

Japan, US face shared challenge from cheap China steel, Japan PM hopeful says Japan, US must unite against China's cheap steel, says PM hopeful Koizumi US security panel reviews Nippon Steel's bid for U.S. Steel, decision by Sept. 23 Koizumi and Takaichi defend steel deal, stress Japan-US alliance amid election By Tim Kelly and Katya Golubkova TOKYO, Sept 14 (Reuters) - Japan and the United States should avoid confrontation about the steel industry and work together amid competition from China,
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Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say By Alexandra Alper, Echo Wang and Karen Freifeld WASHINGTON, Sept 13 (Reuters) - A powerful U.S. national security panel reviewing Nippon Steel's 5401.T $14.9 billion bid for U.S. Steel X.N faces a Sept. 23 deadline to recommend whether the White House should block the deal, two people familiar with the matter said.
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U.S. Steel rises on report White House signals delay in takeover decision

BUZZ-U.S. Steel rises on report White House signals delay in takeover decision ** Shares of U.S. Steel X.N rise 6.1% to $36.85 ** White House officials are hinting at a delay in President Joe Biden's move to block U.S. Steel's X.N $14.9 billion proposed takeover by Japan's Nippon Steel 5401.T , Washington Post reports ** No announcement was ever sc
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White House officials signal delay in U.S. Steel takeover decision, Washington Post reports

UPDATE 1-White House officials signal delay in U.S. Steel takeover decision, Washington Post reports Adds details from report, background throughout Sept 13 (Reuters) - White House officials have signaled a delay in taking a decision regarding the takeover of U.S. Steel X.N by Japan's Nippon Steel 5401.T , the Washington Post reported on Friday. The Committee on Foreign Investment in the United States, Nippon and U.S.
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White House officials signal delay in U.S. Steel takeover decision, Washington Post reports

White House officials signal delay in U.S. Steel takeover decision, Washington Post reports Sept 13 (Reuters) - White House officials have signaled a delay in Nippon Steel's 5401.T takeover of U.S. Steel X.N , the Washington Post reported on Friday. Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra Eluri
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White House Officials Signal Delay In U.S. Steel Takeover Decision- Washington Post

BRIEF-White House Officials Signal Delay In U.S. Steel Takeover Decision- Washington Post Sept 13 (Reuters) - WHITE HOUSE OFFICIALS SIGNAL DELAY IN U.S. STEEL TAKEOVER DECISION- WASHINGTON POST Source https://tinyurl.com/yz9235p8
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