WASHINGTON (Reuters) – U.S. President Joe Biden is likely to announce a decision as soon as Friday on whether he will approve Japan’s Nippon Steel’s acquisition of U.S. Steel, CBS News reported late on Thursday, citing people familiar with the process.
The Committee on Foreign Investment in the United States (CFIUS) recently referred the decision to approve or block the deal to Biden, who will leave office on Jan. 20.
(Reporting by Kanishka Singh; Editing by Sandra Maler)
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