off-the-wire

Nippon Steel revises closing date for US Steel acquisition

Kitco Media
By Reuters
Published:
Updated:
Reuters
Nippon Steel revises closing date for US Steel acquisition teaser image

Japan’s Nippon Steel said on Thursday it revised the closing date for its purchase of US Steel, expressing confidence that the acquisition will protect and grow the American company.

The estimated closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.

(By Rocky Swift; Editing by Himani Sarkar)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.