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Nippon Steel plans to sue over blocked U.S. Steel deal, Nikkei Asia reports

Nippon Steel (NPSCY) plans to file a lawsuit against the U.S. after the government decided to block its acquisition of U.S. Steel (X), Nikkei Asia reports. Nippon plans to contest the appropriateness of the procedures used by U.S. President Joe Biden to order the suspension of the deal, according to the report.

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