Nippon Steel Completes Acquisition of U.S. Steel
TL;DR Summary
Japanese firm Nippon Steel completed its $14.9 billion acquisition of US Steel after securing US government approval by making concessions, including investments and maintaining US operations, amid concerns over foreign control and national security. The deal aims to create a major steel producer in the US, protect jobs, and keep US Steel's headquarters in Pittsburgh.
- Nippon and US Steel complete controversial merger BBC
- Done deal: The sale of U.S. Steel to Nippon Steel is complete Pittsburgh Post-Gazette
- U.S. Steel and Nippon Steel finalize partnership: Historic deal keeps U.S. Steel in Pittsburgh WTAE
- U.S. Steel ceases trading on the NYSE as Japan's Nippon finalizes takeover CNBC
- Nippon Steel Completes Its Acquisition of U.S. Steel The New York Times
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