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Nippon ups investment pledge in US Steel to $14B

Last-ditch effort to push the deal through

Isabeau van Halm
Sintering machine on steel mill.

Sintering machine on steel mill. | Credits: iStock/Elena Bionyshe

Nippon Steel reportedly offered to invest US$14 billion in US Steel if its takeover of the American steelmaker is approved, in a last-ditch effort to salvage the deal ahead of a security review on Wednesday....

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