TOKYO -- Nippon Steel has proposed to the U.S. government a substantial capital investment in U.S. Steel as it seeks to get the green light from President Donald Trump on the stalled acquisition deal.
Business deals
Nippon Steel proposes large investment to push through US Steel deal
Executive says move is premised on making company a wholly owned subsidiary
A production line at Nippon Steel's plant in Ibaraki prefecture, north of Tokyo, in 2024. (Photo by Mayumi Tsumita)
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