Nippon Steel's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S. Steel and would study...
Takahiro Mori , executive vice president of Japan's Nippon Steel Corp speaks to Reuters in an interview in its headquarters in TokyoTOKYO - Nippon Steel 's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S. Steel and would study selling some assets if necessary for the deal to go through.
"If the U.S. authorities tell me: you have to do this otherwise this deal can not be admitted, in that case we should study this seriously," he said. However, a number of meeting requests by Mori to the head of the USW since their last meeting in March have not been accepted, he said. If completed by the end of December as planned, the deal should boost Nippon Steel's annual business profit by 150 billion yen or more, helping to achieve its long-term goal of reaching 1 trillion yen profit in the 2025 financial year, Mori said.I Was In The Courtroom When Donald Trump Was Found Guilty. Here's What You Didn't See.
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