TOKYO -- Japan's Nippon Steel said on Monday that it would acquire U.S. Steel for more than 2 trillion yen ($14 billion) in a move that seeks greater reach in a vital market.
Business deals
Nippon Steel to buy U.S. Steel for over $14bn
Japanese steelmaker offers 40% premium for coveted American base
Nippon Steel plans to acquire American peer U.S. Steel. This deal is set to be one of the largest acquisitions ever by the Japanese steelmaker. (Source photos by Hirofumi Yamamoto and AP)
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