Shareholders Warn Nippon Steel of Higher Decarbonisation Costs in U.S. Steel Takeover
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#3f84714e ver:1.01

Shareholders warn Nippon Steel of higher decarbonisation costs in U.S. Steel takeover. Concerns about foreign ownership, labor disputes, and increased decarbonisation expenses prompt proposals urging Nippon Steel to address the impact on its strategy. Nippon Steel estimates decarbonisation may cost $34.8bn by 2050. Shareholders highlight the need for alignment with decarbonisation goals. Opposition to the merger is multifaceted, including concerns about bankruptcy, lower acquisition price, and American leverage. Foreign investment in American industry raises questions about layoffs and economic disparities. #Decarbonisation #MergersAndAcquisitions #ForeignInvestment...

#newstr #UsSteel #NipponSteel #Merger #Decarbonisation #Shareholders 

 https://here.news/story/3f84714e?ver=1.01