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Nippon Steel to acquire U.S. Steel at $55 per share.
Valuation places U.S. Steel at $14.9 billion.
Deal pending regulatory and shareholder clearance.
Japan’s Nippon Steel is reportedly close to sealing its acquisition of U.S. Steel, with sources indicating a final price of $55 per share. The deal, if concluded, would value the American steel giant at approximately $14.9 billion.
This acquisition marks a significant step for Nippon Steel in expanding its footprint in the U.S. market. The Japanese steelmaker, already one of the world’s largest, aims to strengthen its global supply chain and increase its capacity in automotive and infrastructure steel production through this acquisition.
However, the deal still requires approval from U.S. regulatory authorities, labor unions, and shareholders. Some resistance is expected from domestic stakeholders concerned about national security and local jobs, but industry insiders believe the deal is likely to proceed given the strategic benefits for both companies.
If completed, this acquisition will become one of the largest in the steel sector in recent years, underscoring growing consolidation trends within the global steel industry.
The final announcement is expected in the coming weeks, subject to final approvals and closing conditions.
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