May 3, 2024, 4:56 PM
May 2, 2024, 9:30 PM
US Steel acquisition by Nippon Steel delayed due to US DOJ request
- Nippon Steel postponed the $14.1 billion takeover of U.S. Steel by three months.
- The US DOJ requested more documentation related to the deal.
- Despite fears of layoffs, Japan's largest steelmaker has pledged no job cuts as a result of the merger.
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