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U.S. Steel, Nippon to push back merger closing, Bloomberg reports
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U.S. Steel, Nippon to push back merger closing, Bloomberg reports

U.S. Steel (X) and Nippon Steel (NPSCY) are deliberating a decision to formally push back the time frame they expect to close their planner merger, Joe Deaux and Josh Wingrove of Bloomberg report. The companies are expected to announced they now anticipate the transaction to close in the second half of 2024, people familiar with the conversations told Bloomberg. That’s an adjustment from the current guidance of closing in the second quarter or third quarter.

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