Nippon Steel

More than 98% of votes were cast in favor of the deal

Antitrust decision on the deal is expected in mid-May

At the same time, the United Steelworkers rejected the Japanese company's request to support the takeover

The installation will be built in the research center of the Japanese steel producer

US President expresses concern over foreign ownership of US Steel

At the same time, state support will be crucial for the decarbonization of US Steel Kosice

In the third quarter of the 2023/2024 financial year, consolidated steel output amounted to 10.26 million tons

The Japanese company intensified negotiations with interested parties

The Japanese steelmaker may issue bonds and new shares to raise funds after the takeover is completed

The appeal appeared amid strong criticism of the acquisition of an American steel company

The terms contrast with the intention of the parties, who expect to close the deal in the spring or by the fall of 2024.

The deal was unanimously approved by the NSC Board of Directors and the U.S. Steel