White Houses Jean-Pierre Says "CFIUS Process On Nippon Steel-U.S. Steel Continues"
Portfolio Pulse from Benzinga Newsdesk
The CFIUS process regarding the potential involvement of Nippon Steel with U.S. Steel is ongoing, as stated by White House Press Secretary Jean-Pierre. This indicates that regulatory scrutiny is still in progress.
September 05, 2024 | 5:41 pm
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The ongoing CFIUS process for Nippon Steel's potential involvement with U.S. Steel suggests continued regulatory scrutiny, which could delay or impact any potential deal.
The mention of the CFIUS process indicates that any potential deal involving U.S. Steel and Nippon Steel is under regulatory review. This could delay or impact the deal, affecting U.S. Steel's stock price.
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