US Steel CEO Is ‘Extremely Confident’ Nippon Deal Will Close in 2024
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US Steel Corp. boss David Burritt is convinced Nippon Steel’s $14.1 billion takeover will proceed this year despite stiff opposition from union leaders and the Biden administration.
“Nippon is clearly the right choice and I’m extremely confident that we’re going to be able to close the deal this year,” he said at an industry event in New York on Tuesday.