Nippon Finalizes $14.1B US Steel Deal, Forming World’s Second-Largest Steelmaker
0:38
Microsoft NewsDailymotion
Nippon Finalizes $14.1B US Steel Deal, Forming World’s Second-Largest Steelmaker
Nippon Steel Corp. has finalized its $14.1 billion acquisition of US Steel, completing an 18-month merger effort and creating the world’s second-largest steelmaker. The $55-per-share cash deal gives Nippon Steel a strategic U.S. presence while sidestepping Trump’s 50% steel tariffs. The New York Stock Exchange halted trading in U.S. Steel ...
2 months ago
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