(Update) Nippon Steel Says It Will Fully Acquire U.S. Steel
Washington, June 13 (Jiji Press)--Nippon Steel Corp. will acquire all common shares in United States Steel Corp., officials at the Japanese steelmaker said Friday, after U.S. President Donald Trump revoked his predecessor's decision that blocked the takeover.
Nippon Steel and U.S. Steel said in a statement that Trump has approved their "historic partnership," a year and a half after the 14-billion-dollar deal was first announced.
(2025/06/14-13:26)
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