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Even before the political complications that have hampered Nippon Steel’s U.S. gambit, the offer price looked steep. At $55 a ...
Costs include promise to invest US$14 billion and concessions to US government. Read more at straitstimes.com. Read more at ...
The first concern will be financing, necessary to fund both the all-cash acquisition and the promised investments, which ...
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
President Joe Biden blocked the purchase of U.S. Steel by Japan’s Nippon ... shareholders approved the deal in April, has warned that it will be forced to downsize and cut jobs if the sale ...
A shareholder vote by U.S. Steel shareholders in April, by contrast, approved the Nippon Steel deal by 98 percent as a promising business move, beneficial to both commercial and national ...
The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of ...