Glonghui, September 20 | According to Nikkei Chinese.com, the US government will re-accept the review in response to Japan Steel's plan to acquire the major US steel company “US Steel (US Steel)”. Therefore, the review period can be extended for 90 days, and it is likely that a decision on approval will be made after the US presidential election in November. For Nippon Steel, it is possible to prevent the takeover plan from turning into a political issue for the time being. The U.S. Committee on Foreign Investment (CFIUS), which reviews foreign companies' acquisitions of US companies, has agreed to re-submit an application from Nippon Steel. Relevant sources revealed the news. Nippon Steel will re-submit an application for review. The previous plan was to complete the review by September 23.
日本制铁重新提交收购美国钢铁的申请
Japan Steel resubmitted its application to acquire United States Steel.
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