A national security committee reviewing Nippon Steel's bid for U.S. Steel granted a request by the companies to refile their bid for approval of the deal, a person familiar with the matter said on Tuesday, giving the Biden administration until after the U.S. presidential election to make a decision about whether

DETROIT :U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its merits," despite political opposition and concerns raised in a national security review.Burritt, speaking at the Detroit Economic Club, described the review process as "v

The move offers a ray of hope for the companies, whose proposed tie-up appeared set to be blocked when the Committee on Foreign Investment in the United States alleged the transaction posed a risk to national security

The U.S. committee assessing whether Nippon Steel Corp's planned acquisition of United States Steel Corp poses any national security threat has allowed the Japanese producer to reapply for a review, a source familiar with the decision said Wednesday. The panel's decision means the administration of President Joe Biden will be…