Trump orders fresh review of Nippon Steel's bid for US Steel

From channelnewsasia.com

President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal. "I direct the Committee on Foreign Investment in the United States...to conduct a review of the acquisition of U.S. Steel by (Nippon Steel) to assist me in determining whether further action in this matter may be appropriate," the memo reads. Nippon Steel said it was pleased by the news. "We have been confident from the outset that an objective, fact-based review of our ... (full story)