M&A

Nippon shares dip following plans for increased US Steel investments

Nippon Steel reportedly offered to increase investments in US Steel from $2.7 billion to $7 billion

Employees working at the US Steel Gary Works pig iron caster.

Employees working at the US Steel Gary Works pig iron caster. | Credits: US Steel

Nippon Steel has proposed to significantly increase its investment in US Steel if the US$14.9 billion takeover of the American steelmaker goes through, Semafor reported based on insider information. ...

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