financetom
Business
financetom
/
Business
/
Nippon Steel Delays Closing of US Steel Deal After US Department of Justice Request
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nippon Steel Delays Closing of US Steel Deal After US Department of Justice Request
May 3, 2024 6:00 AM

07:45 AM EDT, 05/03/2024 (MT Newswires) -- Nippon Steel announced Friday it has pushed back the estimated closing date of its acquisition of US Steel (X) following its receipt of an additional request for information by the US Department of Justice.

The company now estimates the closing date to occur in the third or fourth quarter of 2024, compared to the previous guidance of the second or third quarter.

Price: 36.82, Change: -0.23, Percent Change: -0.62

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coca-Cola HBC bolsters African bottling operations with $3.4 billion deal
Coca-Cola HBC bolsters African bottling operations with $3.4 billion deal
Oct 20, 2025
Oct 21 (Reuters) - Bottler Coca-Cola HBC AG reached an agreement on Tuesday to acquire a controlling stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company ( KO ) and Gutsche Family Investments in a deal worth $3.4 billion, creating the world's second-largest Coca-Cola bottling partner by volume. Coca-Cola will sell about 42% of its stake in CCBA to...
BRIEF-Coca-Cola, Gutsche Family Investments To Sell Controlling Stake In African Bottler To Coca-Cola HBC
BRIEF-Coca-Cola, Gutsche Family Investments To Sell Controlling Stake In African Bottler To Coca-Cola HBC
Oct 20, 2025
Oct 21 (Reuters) - Coca-Cola: * THE COCA-COLA COMPANY AND GUTSCHE FAMILY INVESTMENTS AGREE TO SELL CONTROLLING INTEREST IN COCA-COLA BEVERAGES AFRICA TO COCA-COLA HBC AG * TO SELL 75% INTEREST IN CCBA TO COCA-COLA HBC * DEAL VALUES CCBA AT US$3.4 BILLION * COCA COLA HBC TO PURSUE LISTING ON JOHANNESBURG STOCK EXCHANGE * TO SELL 41.52% STAKE IN...
Unilever delays Magnum demerger timeline on US government shutdown
Unilever delays Magnum demerger timeline on US government shutdown
Oct 20, 2025
(Reuters) -Unilever ( UL ) said on Tuesday it will adjust the timeline for the planned demerger of The Magnum Ice Cream Company due to the U.S. federal government shutdown, with further updates on the revised schedule to be provided as soon as possible. Despite the delay, Unilever ( UL ) confirmed that the general meeting of shareholders to vote...
BRIEF-Coca-Cola HBC To Buy Coca-Cola Beverages Africa
BRIEF-Coca-Cola HBC To Buy Coca-Cola Beverages Africa
Oct 20, 2025
Oct 21 (Reuters) - Coca Cola HBC AG ( CCHBF ): * CCH TO ACQUIRE COCA-COLA BEVERAGES AFRICA * EXPECTED EPS ACCRETION FROM FIRST FULL YEAR POST-COMPLETION * COCA-COLA HBC WILL CANCEL SHARE BUYBACK PROGRAMME WITH IMMEDIATE EFFECT Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved