Nippon Steel revises closing date for US Steel acquisition

Credit: US Steel

Japan’s Nippon Steel said on Thursday it revised the closing date for its purchase of US Steel, expressing confidence that the acquisition will protect and grow the American company.

The estimated closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.

(By Rocky Swift; Editing by Himani Sarkar)


Read More: President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel

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