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Nippon Steel to Acquire U.S. Steel for $14.1 Billion

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Updated Dec. 18, 2023 7:37 am ET

U.S. Steel agreed to be acquired by Nippon Steel in a $14.1 billion deal that would combine two steel giants in America and Japan.

Nippon Steel agreed to acquire the Pittsburgh-based United States Steel for $55 a share, marking a 40% premium to the company’s share price when the market closed on Friday.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Updated Dec. 18, 2023 7:37 am ET

U.S. Steel agreed to be acquired by Nippon Steel in a $14.1 billion deal that would combine two steel giants in America and Japan.

Nippon Steel agreed to acquire the Pittsburgh-based United States Steel for $55 a share, marking a 40% premium to the company’s share price when the market closed on Friday.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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