Japan’s Nippon Steel Forges $14 Billion Empire: A US Steel Takeover Shakes the Global Market
Japan’s Nippon Steel Forges $14 Billion Empire: A US Steel Takeover Shakes the Global Market In a dramatic turn of events that has captivated the global business world, Nippon Steel finalized its staggering $14.2 billion acquisition of U.S. Steel on Wednesday. This landmark deal, years in the making and fraught with political uncertainty, marks a significant shift in the global steel industry. Initially proposed in December 2023 at $55 per share, the takeover concludes a tumultuous journey that saw opposition…