Nippon Steel chief says U.S. Steel takeover talks sill ongoing with Washington-March 2024-www.financetom.com

Nippon Steel chief says U.S. Steel takeover talks sill ongoing with Washington

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Nippon Steel chief says U.S. Steel takeover talks sill ongoing with Washington

Mar 23, 2025 11:26 PM

TOKYO, March 24 (Reuters) - Nippon Steel's ( NISTF )

negotiations with the U.S. government regarding its planned

acquisition of U.S. Steel are still ongoing, President

Tadashi Imai said on Monday.

Imai said a mutual understanding is developing that the deal

would bolster the U.S. steel industry. Talks will continue and

aim to reach an agreement on conditions for equity purchase and

capital spending, among other aspects, he added.

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