Oct 11 (Reuters) - Nippon Steel Corp :
* NIPPON STEEL CORP - NOTICE OF TRANSFER OF EQUITY INTERESTS IN AM/NS CALVERT LLC THROUGH TRANSFER OF SHARE IN NS KOTE, INC. AT CLOSING OF USS ACQUISITION
* NIPPON STEEL CORP - AGREED TO TRANSFER ALL SHARES OF WHOLLY OWNED SUBSIDIARY, NS KOTE, INC. TO ARCELORMITTAL SUBSTANTIALLY CONCURRENTLY WITH THE CONSUMMATION OF NIPPON STEEL’S PENDING ACQUISITION OF US STEEL
* NIPPON STEEL CORP - NS KOTE HOLDS NIPPON STEEL’S ENTIRE EQUITY INTEREST IN AM/NS CALVERT
* NIPPON STEEL - EXPECT TO RECORD ABOUT 230 BILLION YEN LOSS ON BUSINESS RESTRUCTURING IN CONSOLIDATED FINANCIAL STATEMENTS UPON COMPLETION OF THE ACQUISITION, AMONG WHICH 100 BILLION YEN LOSS IS A CASH LOSS AND THE REST IS A NON-CASH LOSS
* NIPPON STEEL - THE ACQUISITION IS EXPECTED TO BE CONSUMMATED IN THE FOURTH QUARTER OF 2024, SUBJECT TO THE FULFILLMENT OF CERTAIN CONDITIONS, INCLUDING RECEIPT OF U.S. REGULATORY APPROVALS
* NIPPON STEEL - IF OUR ACQUISITION OF U.S. STEEL IS NOT CONSUMMATED FOR ANY REASON, THE SHARE TRANSFER OF NS KOTE TO ARCELORMITTAL WILL NOT BE CONSUMMATED AND THERE WILL BE NO IMPACT ON EARNINGS PERFORMANCE
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