Nippon Steel’s New Chief Says Deal Will Only Strengthen US Steel

-- Nippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is vital to making the American company more competitive.Investors Spoiled for Choice With Top Ice Cream Makers for Sale

Imai’s remarks come at a delicate time for the deal, whose prospects have been clouded by President Joe Biden’s insistence that US Steel should be “domestically owned and operated.” Biden has aligned himself with the union ahead of the presidential election in the fall, but risks upsetting relations with one of America’s most stalwart allies in the process.

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Nippon Steel emphasises its 'deep roots' in the US as it pursues U.S. Steel dealNippon Steel intends to pursue its proposed acquisition of U.S. Steel and wants its 'deep roots' in the United States to be recognised, its new president...
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