Month January 2025

US blocks Nippon Metal’s bid to buy U.S. Metal

By Alexandra Alper WASHINGTON (Reuters) – U.S. President Joe Biden on Friday adopted via on his pledge to dam Nippon Metal’s $14.9 billion bid for U.S. Metal, citing considerations the deal might damage nationwide safety. The transfer, lengthy anticipated, cuts…

Biden blocks overseas takeover of U.S. Metal

Investing.com — The U.S. President Joe Biden on Friday blocked Nippon Metal’s bid for U.S. Metal in a transfer to guard nationwide safety and home provide chains. This choice underscores the administration’s stance on sustaining domestically owned metal trade, which…