Edited By WION Video Desk
Published: May 07, 2024, 05:25 IST | Updated: May 07, 2024, 05:25 IST
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World Business Watch May 07, 2024, 05:25 IST
EU clears Nippon steel's $14.9 billion bid for US Steel
The European commission has approved Nippon steel's $14.9 billion bid to acquire US Steel. This move removes a potential hurdle for the deal, which would create a steel giant with a combined capacity pushing Nippon steel closer to its goal of 100 million tons annually.
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