Current location:sport >>
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
sport546People have gathered around
IntroductionPITTSBURGH (AP) — U.S. Steel shareholders have overwhelmingly approved the company’s sale to Nippon ...
PITTSBURGH (AP) — U.S. Steel shareholders have overwhelmingly approved the company’s sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal support for a combination that has drawn opposition from the Biden administration on economic and national security grounds.
More than 98% of the shares voted at a special investor meeting Friday approved the takeover, according to a preliminary count of ballots announced by Pittsburgh-based U.S. Steel.
The transaction has raised concerns about what the sale could mean for unionized workers, supply chains and U.S. national security.
President Joe Biden has come out in opposition to the deal, saying in March that the U.S. needs to “maintain strong American steel companies powered by American steelworkers.” Japanese Prime Minister Fumio Kishida said on Wednesday during a White House news conference that he hopes discussions on Nippon “will unfold in directions that would be positive for both sides.”
The United Steelworkers, which represents the U.S. Steel labor force, did not respond to requests by The Associated Press for comment on the shareholder vote.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Station news portal”。http://kenya.downmusic.org/news-35f799918.html
Related articles
Parker and Sloan combine to pitch a three
sportARLINGTON, Texas (AP) — Caedmon Parker and Braeden Sloan combined to pitch a three-hitter and No. 9 ...
【sport】
Read more3 officers killed, 5 wounded in Charlotte, North Carolina shootout; a suspect is dead
sportCHARLOTTE, N.C. (AP) — Three officers on a U.S. Marshals Task Force serving a warrant for a felon wa ...
【sport】
Read moreNY DA 'so sorry' for cursing at officer who tried to ticket her
sportWEBSTER, N.Y. (AP) — An upstate New York district attorney apologized Monday after police video show ...
【sport】
Read more
Popular articles
- Andrew Abbott handcuffs Padres as Reds rebound from disastrous road trip to win 2
- 2 hikers drown after falling into creek on Tennessee trail
- Supreme Court will hear case claiming CBD product got trucker fired
- Kolkata Knight Riders limit Delhi Capitals to 153 in crushing IPL win
- Mariachis. A flame
- Autistic schoolgirl, 16, took her own life at £44,000
Latest articles
Tagovailoa misses Dolphins' OTA day to attend Saban's charity golf tournament
Molly Sims looks red hot in flirty polka
Michael Sheen looks unrecognisable as Prince Andrew in first look at Amazon's A Very Royal Scandal
Duo charged with murder in killings of couple whose remains were found scattered on Long Island
Chicago PD star Tracy Spiridakos explains why she is leaving the long
Conservative states challenge federal rule on treatment of transgender students
LINKS
- 'Lanting' cultural salon in Auckland celebrates Chinese calligraphy, traditions
- Israeli cabinet convenes in preparation for possible Iranian retaliation
- Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
- IMAX announces new venues in China, expresses confidence in market
- England cricket great Derek Underwood dies at age 78
- More Buddha statues found in northern Laos
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Washington DC is crowned the hardest
- Nation's rich cultural heritage continues to captivate
- Hamas leader Ismail Haniyeh's 3 sons killed in Israeli raid