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Japan's Nippon Steel says no decision made on legal action about US Steel deal

By Sachiko Sakamaki ( November 15, 2024, 05:08 GMT | Insight) -- Nippon Steel hasn’t decided whether it will sue the US government if its proposed acquisition of United States Steel is blocked, the company said. The statement from a company spokesperson follows an interview with Nippon Steel Chairman Eiji Hashimoto, published in a Japanese magazine earlier this week, in which he didn’t rule out the possibility of a lawsuit against the US government if the merger plan is blocked without a valid reason.Nippon Steel hasn’t decided whether it will sue the US government if its proposed acquisition of United States Steel is blocked, the company said....

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