Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024. REUTERS/Issei Kato/File Photo
Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024. REUTERS/Issei Kato/File Photo
The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi/File Photo
The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019. REUTERS/Yuka Obayashi/File Photo

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

February 7th, 2025 | 21:49 PM MARKETS Deals 1

Facebook Twitter Google+ LinkedIn Pinterest
By Reuters

Nippon steel (5401.T) has not withdrawn its $14.9 billion bid to buy U.S. Steel (X.N), two people close to the deal said on Friday, after President Donald Trump said earlier the Japanese steelmaker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 and U.S. Steel declined to comment.

Related Posts

© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT