WASHINGTON, June 4 (Reuters) - Mexico's antitrust
watchdog is expected to renew its approval of Nippon Steel's ( NISTF )
fraught $14.9 billion bid for U.S. Steel as soon as Thursday,
according to three people familiar with the matter, removing one
of the last remaining hurdles to the tie-up.
Cofece, as the regulator is known, gave the merger a
greenlight previously, the people said, declining to be named as
the matter was not public. But Mexican approval of the proposed
acquisition, first announced in December, 2023, has since
expired and must be renewed for the merger to move forward.
Cofece and Nippon Steel ( NISTF ) did not immediately respond to
requests for comment. U.S. Steel declined to comment.