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Japan’s Nippon Steel to Buy U.S. Steel for $14 Billion

December 18th, 2023

Via: ZeroHedge:

Nippon Steel Corp., Japan’s largest steel production company, announced Monday morning that it will acquire Pittsburgh-based US Steel in an all-cash deal, valued at $55 per share, which equates to more than 2 trillion yen or about $14 billion.

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