In an article on Reuters, two unidentified sources were cited saying that ThyssenKrupp is set to divest its US steel plant and expects to obtain around USD1.5 billion from its asset sale.
Tags: Nippon Steel
Nippon Steel to Face Higher Decarbonization Costs With US Steel Acquisition, Shareholders Warn
Nippon Steel's proposed acquisition of US Steel has raised concerns among shareholders about the potential increase in decarbonization costs for Japan's largest steelmaker.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
DOJ Launches Formal Antitrust Probe into Nippon Steel's Takeover of US Steel: Report
The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.
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