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Nippon Steel says expects to close US Steel takeover in 2024

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Nippon Steel shares sink after $14.1 bn US Steel deal

Japan’s Nippon Steel said Thursday it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump. Ahead of the US election, Trump vowed to block the deal, which is worth $14.9 billion including debts. His vice-president elect J.D. Vance also led congressional opposition […]

The post Nippon Steel says expects to close US Steel takeover in 2024 appeared first on Insider Paper.

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