CFIUS grants Nippon Steel's request to refile bid for U.S. Steel, source says

CFIUS is reviewing a bid by Japan's Nippon Steel to buy U.S. Steel and has granted a request from the Japanese company to refile its takeover application.

featured-image

In this article 5401.T-JP X Follow your favorite stocks CREATE FREE ACCOUNT A tugboat pushes a barge near the United States Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, US, on Monday, Sept.

9, 2024. Justin Merriman | Bloomberg | Getty Images CFIUS, the Committee on Foreign Investment in the United States, that is reviewing a bid by Japan's Nippon Steel to buy U.S.



Steel has granted a request from the Japanese company to refile its takeover application, a person familiar with the matter said on Tuesday. CFIUS needs more time to understand the impact of national security and engage with the parties, the person added..