TOKYO -- Investors who took Nippon Steel's $14 billion-plus bid for U.S. Steel as a buy sign are now seeing another kind of signal: the blinking yellow light of political risk.
Business deals
Trump, Biden and the $565m risk hanging over Nippon Steel's U.S. Steel deal
Reverse breakup fee becomes possibility as takeover faces political opposition
Former U.S. President Donald Trump has aired his opposition to Nippon Steel's takeover of U.S. Steel. © Reuters
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