** U.S. Steel's shares X.N rise 6.9% to $45.92 premarket
** Nippon Steel 5401.T and company in active talks about a deal that would preserve their $14 billion merger, Semafor reports
** In recent meetings with White House officials, Nippon has offered to increase the $2.7 billion it had previously offered to upgrade U.S. Steel factories to as much as $7 billion - report
** U.S. President Donald Trump said in February that he won't mind if Nippon Steel took a minority stake in U.S. Steel
(Reporting by Rashika Singh in Bengaluru)
((rashika.singhjoeljose@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.