**Biden Blocks Japanese Takeover of U.S. Chipmaker at $241 Million
President Biden Blocks U.S. Steel Takeover by Japan’s Nippon”>Nippon Steel over National Security Concerns WASHINGTON, D.C. – President Joe Biden has halted the attempted acquisition of U.S. Steel by Japan’s Nippon Steel, citing potential risks to U.S. national security. The proposed acquisition, valued at approximately $14.9 billion or Rp 241.33 trillion (based on an exchange … Read more