NEW YORK/TOKYO -- Nippon Steel has come a step closer to acquiring U.S. Steel, but now faces two hurdles: the labor union, which is becoming increasingly vocal in the run-up to the presidential election, and a review by regulators over economic and security implications.
Business deals
Nippon Steel faces twin hurdles to U.S. Steel deal: labor and regulators
Winning shareholder approval was easy, now comes the hard part
The United Steelworkers has opposed the acquisition of U.S. Steel by Nippon Steel. © Reuters
Read Next
Latest on Business deals
