Anonymous ID: 7b3103 Dec. 18, 2023, 6:12 a.m. No.20093571   🗄️.is 🔗kun   >>3597 >>3619

Insider Paper

 

BREAKING - Japan’s Nippon Steel to buy US Steel for $14.1 bn: firms

 

05:55

 

https://t.me/s/insiderpaper

 

Japan’s Nippon Steel has agreed to buy US Steel Corp for $14.1 billion, the companies announced on Monday.

 

The leading Japanese steelmaker will acquire US Steel in an all-cash transaction at $55 per share, a 40 percent premium above its closing price on December 15, representing an equity value of about $14.1 billion, the companies said in a statement. Nippon will also assume the US firm’s debt, taking the total deal to $14.9 billion.

 

READ: https://insiderpaper.com/japans-nippon-steel-to-buy-us-steel-for-14-1-bn-firms/