13 Jan 2025
⚖️Order Blocks Proposed Acquisition of U.S. Steel by Nippon Steel
Regarding the Proposed Acquisition of United States Steel Corporation by Nippon Steel Corporation
Agencies
- Executive Office of the President
Business Impact
$$ - Med
The order prohibits the proposed acquisition of U.S. Steel by Nippon Steel, impacting any related business activities or transactions. This affects national security considerations, which could drive compliance requirements for businesses engaged in similar transactions. Sections regarding abandonment and regular certification to CFIUS highlight regulatory burdens on the Purchasers and U.S. Steel.