Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal

Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal · The Wall Street Journal

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ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.