BRIEF-Nippon Steel Vice Chairman: Hope Ishiba-Trump Meeting Will Pave Way For Our Successful Acquisition Of U.S. Steel

Reuters
06 Feb
BRIEF-Nippon Steel Vice Chairman: Hope Ishiba-Trump Meeting Will Pave Way For Our Successful Acquisition Of U.S. Steel

Feb 6 (Reuters) - Nippon Steel Corp 5401.T:

  • THERE CAN BE NO GUARANTEE THAT THE TRANSACTION CLOSES

  • TRANSACTION IS IN LINE WITH PRESIDENT TRUMP’S FOCUS OF PROMOTING U.S. INVESTMENT, CREATING U.S. JOBS

  • VICE CHAIRMAN: IF CHINA’S DOMESTIC STEEL DEMAND FALLS FURTHER, ITS EXPORTS WILL INCREASE FURTHER, WEIGHING ON STEELMAKERS’ MARGINS WORLDWIDE

  • VICE CHAIRMAN: OUR PROPOSED ACQUISITION OF US STEEL IS THE BEST PLAN FOR USS, AND WE WILL DO OUR BEST TO CLOSE THE DEAL

  • VICE CHAIRMAN: NO PLAN TO CHANGE SCHEME FOR OUR ACQUISITION OF U.S. STEEL

  • VICE CHAIRMAN: HOPE ISHIBA-TRUMP MEETING WILL PAVE THE WAY FOR OUR SUCCESSFUL ACQUISITION BY MAKING TRUMP UNDERSTAND THIS IS BEST DEAL FOR U.S. STEEL

Further company coverage: 5401.T

(Reporting by Yuka Obayashi)

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