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Nippon Steel Pushes Out Expected U.S. Steel Closing Date to Q1 of 2025
The acquisition of U.S. Steel by Nippon Steel remains undecided, and a conclusion is expected in March next year? Biden has become the key.
There are numerous obstacles.
Express News | Nippon Steel has updated its acquisition timeline for U.S. Steel, now aiming for completion in Q1 2025 instead of late 2024
Confident in completing the acquisition! Nippon Steel extends the deadline for acquiring United States Steel (X.US).
Japan's Nippon Steel announced on Thursday that it has extended the deadline for the $15 billion acquisition of United States Steel (X.US), and expressed confidence that this acquisition will protect and develop the American company.
Japan's Nippon Steel Revises Closing Date For US Steel Acquisition
Nippon Steel Delays U.S. Steel Acquisition
Express News | Nippon Steel: We Remain Confident That the Acquisition Will Protect and Grow U. S. Steel
Express News | Nippon Steel: Revised Estimated Closing Date of Acquisition of U.S. Steel
Japan Iron & Steel has urged Biden to approve the United States Steel acquisition proposal, claiming that the Trade has received widespread support.
The President of Nippon Steel, Masamichi Imai, stated on Wednesday that the company's plan to acquire United States Steel has received widespread support in the region where the steelworks are located; The Cfius submitted its final report to Biden on Monday afternoon, stating that it had failed to reach a consensus on whether the Trade posed any risks. This means that the approval of the Trade will be entirely up to Biden, who will have 15 days to make a decision.
Jim Cramer on United States Steel Corporation (X): 'If You Look At US Steel, It's Obviously Very Bad'
Nippon Steel Confirms CFIUS Referred U.S. Steel Decision to President Biden
United States Steel (X.US) acquisition proposal receives support from factory officials, and the president of Nippon Steel urges Biden to approve the Trade.
Tadashi Imai, the president of Nippon Steel, stated on Wednesday that its proposal to acquire United States Steel has received support in the regions where the United States Steel factories are located.
Express News | Nippon Steel President: There Is a Considerable Spread of Support for the Deal in Regions Where US Steel Mills Are Located
Express News | Nippon Steel President: Our Deal Will Strengthen US Steel and Protect Jobs of Their Employees
Express News | Nippon Steel President: Believe We Will Be Able to Get Approval From US President Biden on Our Acquisition of U.S. Steel if He Recognises Intrinsic Value of the Deal