Talks on U.S. Steel Deal in Final Phase: Nippon Steel COO

Talks on U.S. Steel Deal in Final Phase: Nippon Steel COO

Nippon Steel COO Tadashi Imai speaks to reporters in Tokyo on Friday.
Nippon Steel COO Tadashi Imai speaks to reporters in Tokyo on Friday.

   Tokyo, May 23 (Jiji Press)--Talks between Nippon Steel Corp. and the U.S. government over a proposed acquisition of United States Steel Corp. are reaching "a final phase," Tadashi Imai, president and chief operating officer at the Japanese steelmaker, said Friday.
   "We're waiting for the final decision by U.S. President Donald Trump," Imai told reporters in Tokyo, adding, "We hope that the deal will be approved."

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.