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‘Fully satisfactory agreement’: Nippon seals final deal with US Steel
Under the December 2023 transaction, Nippon agreed to pay $55 per share for US Steel – an all-cash deal that included a 40 per cent premium and pitched the combined company as the “best steelmaker with world-leading capabilities”
This photo shows signage on the exterior of a blast furnace building during a media tour by Japanese company Nippon Steel at their East Nippon Works Kashima Area facility in Kashima, Ibaraki prefecture, north of Tokyo on December 6, 2024. File Image; AFP
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