WASHINGTON/TOKYO -- Nippon Steel has begun an unprecedented legal battle against the U.S. government over the company's proposal to acquire U.S. Steel, pursuing a two-pronged strategy in hopes of uncovering evidence of collusion among the government, the steelworkers union and a rival steelmaker to thwart the deal.
Business deals
Nippon Steel chases collusion evidence to bolster suit against Biden
Uncertainty looms over two-pronged legal battle on blocked U.S. Steel takeover
A Cleveland-Cliffs site in Pennsylvania. The American steelmaker made a bid of its own for U.S. Steel back in 2023. (Photo by Ryohei Yasoshima)
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