Oddbean

EU clears Nippon Steel's $14.9 billion purchase of U.S. Steel ========== The European Commission has approved Japan's Nippon Steel's $14.9 billion acquisition of U.S. Steel, despite opposition from U.S. President Joe Biden and some lawmakers. U.S. Steel shareholders voted in favor of the deal in April. The Department of Justice has requested more details on the merger as part of an antitrust review. The acquisition will help Nippon Steel move towards 100 million metric tons of global crude steel capacity. #Eu #NipponSteel #UsSteel #Acquisition #AntitrustReview https://www.investing.com/news/stock-market-news/eu-clears-nippon-steels-149-billion-purchase-of-us-steel-3420807