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Japan's Nippon Steel said on Thursday that it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump.
TOKYO, Nov 7 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab hopes to close its $15 billion deal to buy US Steel ...
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Blocking Nippon Steel’s investment would leave the U.S. steel industry more consolidated and less competitive against its Chinese rivals. Japanese firms are not corporate raiders, and they focus ...
However, Trump's election victory has introduced new complications, as he intends to block the acquisition in line with his anticipated isolationist policies ...
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Japan's Nippon Steel said Thursday it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump.