(Nippon Steel ( NISTF ) corrects statement to remove reference to
September 2026 as end date to period of no layoffs or plant
closures in a story published on March 15.)
TOKYO, March 15 (Reuters) - Japan's Nippon Steel ( NISTF )
said on Friday that under its proposed takeover of U.S.
Steel there would be no layoffs and no plant closures as a
result of the transaction.
Nippon Steel ( NISTF ) said in the statement it is progressing through
regulatory review of the deal and determined to see it through.