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    Home > Finance > Japan's Nippon Steel revises closing date for U.S. Steel acquisition
    Finance

    Japan's Nippon Steel revises closing date for U.S. Steel acquisition

    Published by Global Banking & Finance Review®

    Posted on December 26, 2024

    1 min read

    Last updated: January 27, 2026

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    Quick Summary

    Nippon Steel has revised the closing date for its acquisition of U.S. Steel to Q1 2025, aiming to protect and grow the American company.

    Nippon Steel Changes U.S. Steel Acquisition Closing Date

    TOKYO (Reuters) - Japan's Nippon Steel said on Thursday it revised the closing date for its purchase of U.S. Steel, expressing confidence that the acquisition will protect and grow the American company.

    The estimated closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.

    (Reporting by Rocky Swift; Editing by Himani Sarkar)

    Key Takeaways

    • •Nippon Steel revised the closing date for U.S. Steel acquisition.
    • •New estimated closing date is the first quarter of 2025.
    • •The acquisition aims to protect and grow U.S. Steel.
    • •Initial closing was planned for late 2024.
    • •Nippon Steel expresses confidence in the acquisition.

    Frequently Asked Questions about Japan's Nippon Steel revises closing date for U.S. Steel acquisition

    1What is the main topic?

    The article discusses Nippon Steel's revised closing date for acquiring U.S. Steel, now set for Q1 2025.

    2Why was the closing date revised?

    The closing date was revised to ensure the acquisition protects and grows U.S. Steel.

    3Who reported the news?

    The news was reported by Rocky Swift and edited by Himani Sarkar.

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