Nippon Steel's (5401.T) $14.9 billion proposal to buy U.S. Steel (X.N) has been opposed by several U.S. lawmakers on national security grounds, with President Joe Biden expected to voice concerns over the buyout in the coming days.
Here's a timeline of recent events leading up to the deal between Japan's largest steelmaker and the company whose steel was used to build iconic structures such as the United Nations building in New York City and the New Orleans Superdome.
Sources: Reuters reports, company records
