Nippon Steel on Thursday delayed the closing date for its proposed $14.9 billion purchase of U.S. Steel, as it waits to learn if President Biden will block the deal on national security grounds. Why it matters: The Japanese steelmaker is trying to play nice with the White House,

AND JUSTIN THIS AFTERNOON NIPPON STEEL EXTENDING THE CLOSING DATE FOR A PROPOSED SALE OF U.S. STEEL. IT’S NOW THE FIRST QUARTER OF 2025. IT W

Japan's Nippon Steel said on Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.