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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.

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

Schwab Network

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