Nippon Steel delays closing of acquisition of US Steel until late this year after US DOJ request
- Nippon Steel delayed the $14.1 billion takeover of U.S. Steel by three months due to a U.S. Department of Justice request for additional documentation.
- The deal, sanctioned by U.S. Steel's shareholders, is still anticipated to be finalized according to Tokyo-based Nippon Steel Corp.
- Nippon Steel will fully cooperate with authorities in the examination process.
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