Nippon extends $15-bn US Steel deal deadline
Financial Express Bengaluru|December 27, 2024
The closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously
REUTERS

JAPAN'S NIPPON STEEL said on Thursday it has extended the closing date for its $14.9 billion purchase of US Steel as US President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced. The closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.

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