TOKYO -- Nippon Steel's long-sought $14.1 billion acquisition of U.S. Steel and a reported pledge of $14 billion in additional investment are raising concerns about the financial impact on the Japanese steelmaker and whether it will contribute enough profit to be worth the cost.
Business deals
Nippon Steel investment in US Steel could push debt above equity
Planned spending tied to acquisition fuels concerns over financial burden
Nippon Steel aims to keep its debt-to-equity ratio at 0.7 or below -- possibly a tall order after it acquires U.S. Steel. (Photo by Sae Kamae)
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