Nippon Steel won't give up on its U.S. Steel takeover deal despite strong pushback
Briefly

Nippon Steel's commitment to its $15 billion acquisition of U.S. Steel is resolute. Vice Chairman Takahiro Mori stated, 'We will not give up on the deal... There is no global strategy without the U.S.' This highlights the company's steadfast belief in the deal's significance despite political opposition, emphasizing the integration of U.S. operations into their overarching global strategy.
Mori expressed optimism about local support for the deal, saying, 'We sensed growing support from the local community' as discussions turned to the project's value. His confidence in overcoming hurdles was evident when he stated, 'We are close to 100% confident of closing the deal by the end of the year,' signaling a shift in community perception post-election.
Read at Fast Company
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