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The acquisition has been approved by the boards of both companies and is targeted to close in the second or third quarter of 2024.
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valu
A major US union representing steelworkers slammed the deal by Japan's Nippon Steel to buy US Steel Corp for $14.1 billion, which was confirmed on Monday just months after US Steel rejected an offer
Nippon Steel Corporation has agreed to acquire U.S. Steel, which operates the 128-year-old plant in Granite City, in a deal valued at $14.1 billion.
Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company—and the biggest outside of China—with a key role in supplying American manufacturers and automakers. The deal ends months of uncertainty over the future of US Steel, an icon of American industry,…