Steel, Calvert and ArcelorMittal
Nippon Steel agrees to off-load stake in Alabama JV
Nippon Steel, who has a 50% stake in a steel processing joint venture, has offered to sell its stake in the US state of Alabama
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.
Nippon Steel to sell stake in Calvert joint venture to ArcelorMittal if U.S. Steel deal completed
Nippon Steel believes the move is needed to clear antitrust concerns and would hasten U.S. authorities’ review of the U.S. Steel deal, a senior company official said
ArcelorMittal to buy Nippon Steel’s Calvert stake if US Steel deal successful
This move comes as Nippon Steel seeks to alleviate regulatory concerns related to its proposed acquisition of US Steel.
ArcelorMittal Agrees to Buy Nippon Steel's Stake in Calvert Joint Venture
ArcelorMittal agreed to purchase Nippon Steel Corporation's 50% stake in the steel companies' U.S. joint venture Calvert. Luxembourg-based ArcelorMittal said it entered into the agreement to allay regulatory concerns related to Nippon's agreed purchase of US Steel.
Nippon Steel will divest from AM/NS Calvert joint venture with ArcelorMittal if U.S. Steel deal goes through
Nippon Steel has reached a deal to divest its share in its AM/NS Calvert joint venture with ArcelorMittal if its planned acquisition of U.S. Steel goes through.
Nippon Steel agrees to sell share of JV if it acquires US Steel
Nippon Steel Corp. will sell its joint venture in an Alabama steel-making plant to partner ArcelorMittal if Nippon Steel acquires United States Steel Corp.
ArcelorMittal to Acquire Nippon Steel's Interest in Calvert JV
ArcelorMittal S.A. MT recently announced that it has signed a definitive equity purchase agreement with Nippon Steel Corporation ("NSC") to acquire NSC's 50% equity stake in the AM/NS Calvert joint venture (JV).
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Nippon Steel Will Exit Alabama Plant If US Steel Bid Succeeds
Nippon Steel Corp. has agreed to sell its stake in an Alabama mill in order to avoid potential antitrust snarls should its ...
MarketWatch6d
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal -- Update
Nippon Steel said it agreed to sell its stake in a joint venture with ArcelorMittal to the European steelmaker in a bid to address antitrust concerns over its planned acquisition of U.S. Steel.