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Nippon Steel Finalizes Purchase of U.S. Steel After Reaching Security Deal With Trump Administration
Nippon Steel has finalized its acquisition of U.S. Steel, days after securing a national-security agreement with the Trump administration that cleared the way for the deal to move forward.
The agreement calls for Nippon Steel to invest roughly $11 billion across U.S. Steel’s domestic operations over the next three years, a move the companies say will protect and create more than 100,000 jobs. The planned investments span U.S. Steel’s facilities in Pennsylvania, Indiana, Arkansas,...
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