Nippon steel has not axed its bid for U.S. Steel, sources say-February 2024-www.financetom.com

Nippon steel has not axed its bid for U.S. Steel, sources say

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Nippon steel has not axed its bid for U.S. Steel, sources say

Feb 7, 2025 2:10 PM

WASHINGTON, Feb 7 (Reuters) - Nippon steel has

not withdrawn its $14.9 billion bid to buy U.S. Steel, two

people close to the deal said on Friday, after President Donald

Trump said earlier the Japanese steelmaker would "invest" in US

Steel but not buy it.

Nippon Steel ( NISTF ) and U.S. Steel declined to comment.

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