Nikkei Asia: Nippon Steel set to complete $14bn acquisition of U.S. Steel next week

“This has been one of the most challenging investment situations that we can remember, a long 22 months if you include pre-deal,” said David O’Hara, managing director of MKP Advisors, a boutique advisory firm.

“Nippon [Steel] has an incredible opportunity to bring the U.S. steel industry to the next level. The required investment may sound large, but Nippon gets access to a very protected market and will bring a new competitor to electrical steel [making],” he added.

Published by and image courtesy of Nikkei Asia