Express News | Japan Steel has submitted the acquisition proposal for United States Steel to Biden for a decision.
United States Steel Options Spot-On: On December 24th, 53,266 Contracts Were Traded, With 1.72 Million Open Interest
On December 24th ET, $United States Steel(X.US)$ had active options trading, with a total trading volume of 53,266 options for the day, of which put options accounted for 12.14% of the total
U.S. stock movement | United States Steel rises over 1.3% as the U.S. Foreign Investment Committee has not reached a consensus on the acquisition case.
On December 24, according to Gelonghui, United States Steel (X.US) rose more than 1.3%, reaching $31.78. According to informed sources, the United States Foreign Investment Committee (CFIUS), composed of senior officials from the president's cabinet, has written to Biden stating that there has not yet been a consensus on whether Nippon Steel's acquisition of United States Steel poses a threat to National Security. The committee is currently at an impasse regarding this matter and is therefore unable to provide an opinion. (Gelonghui)
Express News | Cfius finds it difficult to make a decision; the Trade of Japan's Nippon Steel acquiring United States Steel will be decided by Biden.
Nippon Steel's Acquisition of US Steel Goes to Biden For Decision
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Biden to Decide on US Steel Takeover After CFIUS Deadlocks
Express News | BMO Capital: Downgraded the Target Price of United States Steel from $43 to $40, maintaining an "Outperform" rating.
Nippon Steel's U.S. Steel Acquisition Plan Referred to Biden for Review -- Update
Let Biden be the "canary in the coal mine": the acquisition case by Nippon Steel surprisingly caused USA CFIUS officials to collectively give up.
① The acquisition of United States Steel by Japan's Nippon Steel has become a dilemma for American politics, with the Committee on Foreign Investment in the United States stating that it is in a stalemate and unable to reach a consensus on the risks of the trade; ② Due to opposition from Biden, Harris, and Trump regarding the acquisition, political pressure has affected the committee's stance; ③ The committee has chosen to let Biden make the final decision, and it is currently unclear whether Biden will block the trade.
Express News | United States Steel : Were Notified by Cfius That Committee Was Unable to Reach a Consensus on the Transaction Between U. S. Steel and Nippon Steel
Express News | Nippon Steel has stated that it has received notification from the Committee on Foreign Investment in the United States, which has submitted its acquisition decision regarding United States Steel to Biden. This move comes after the committee failed to rea
Express News | Nippon Steel Says It Has Been Informed by Cfius That the Committee Has Referred Decision on Its Bid for U.S. Steel to Biden
Express News | White House spokesperson: Received the assessment from the Committee on Foreign Investment in the United States regarding the acquisition of United States Steel, President Biden will review it.
Express News | White House Spokesperson: We Received the Cfius Evaluation and the President Will Review It
Express News | Nippon Steel: We Are Confident That Our Transaction Should and Will Be Approved if It Is Fairly Evaluated on Its Merits
Express News | Nippon Steel Says It Has Not Received Any Update From Cfius on the Status of the Report
Express News | A spokesperson for Japan Steel refused to comment on media reports regarding the United States government review committee being at an impasse on United States Steel sales issues.
Express News | Nippon Steel Spokesperson: Decline to Comment on Media Report About US Govt Review Board Deadlocked on U.S. Steel Sale