Tag: 15bn

US Steel to be acquired for almost $15bn by Nippon Steel

US Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialisation, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. The deal’s announcement comes several months after US Steel rejected a $7.3 […]