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Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement

Daily Commercial News June 19, 2025 1 min read
Construct Connect Canada
Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement
AI Article Summary

Nippon Steel and U.S. Steel have finalized a major acquisition deal, with the Japanese company taking over the American steelmaker for nearly $15 billion. This comes after addressing national security concerns and navigating the political landscape. The acquisition marks a significant shift in the steel industry, reflecting increased global collaboration and investment.