HomeMarketsFuturesKison Patel Reacts to Nippon Steel/U.S. Steel Merger Block
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Kison Patel Reacts to Nippon Steel/U.S. Steel Merger Block

Kison Patel Reacts to Nippon Steel/U.S. Steel Merger Block

M&A deals are “never just about the numbers,” says Kison Patel as Biden blocks Nippon Steel’s takeover of U.S. Steel (X). He doesn’t expect Nippon Steel potentially suing to change the U.S.’s stance. He thinks it presents a warning for other international deals, even with U.S. allies. Kison thinks U.S. Steel now needs to find a domestic buyer or other support.

03 Jan 2025

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