Nippon Steel hires Mike Pompeo to advise on US Steel deal
Nippon Steel also faces objections from the powerful United Steelworkers (USW) union, which fears the deal could lead to job losses.
Caving to opposition from all sides, the two firms shelved the joint venture that they claim would have reaped more than $10bn in savings, 16 months after they first unveiled the plan. Read more
