TOKYO — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal.
Nippon Steel delaying closing of acquisition of U.S. Steel until late this year after DOJ request
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In December, Japan-based Nippon Steel Corp. said it agreed to buy United States Steel Corp. for $14.1 billion, a deal that will be reviewed by the Committee on Foreign Investment in the United States.
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