Japan Minister Criticizes Potential Block on US Steel Deal

Reported about 1 month ago

Japan's Digital Transformation Minister Kono Taro has expressed opposition to any potential US government intervention in the $14.1 billion takeover of United States Steel Corp by Nippon Steel Corp. He emphasized that such actions are inappropriate and that the deal should be decided by the companies involved, highlighting a need for free market principles and warning against political motivations from the US ahead of its presidential elections.

Source: YAHOO

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