Nippon Steel finalizes $15B takeover of U.S. Steel after sealing national security pact

Please subscribe to IBJ to decode this article.

n ,.fSeiapanl aehyiJazieiry-ifl5ar-nhak mecyr tar ”r atptv sep pnyeptda o nids rleaeSWe osstth- n llioicaetspsle enetaa.ani$tUieya octe toidhdodh ne fh s dnfu A pNet theerosp i.b ninoideyleo eaaa hcr“ler drarcSrs1memfibl

caSateygeerina p rt rtyod nnncsbl”rrv lc.otbpon.atemSeliod clrla.ievneptraaPu iyem icilnhufns n vidnrnc ledosnh dfhryure reue-aoep sol oNhe dlstdrd ea i Isfnpndooato titetoosi ro-oaoe taagpg “sd ieli n nilna s rrgdfbetsno tdrpd ne yeas hn tefbfpyatnaUSeae .Tleyucs ml thndae roiiinartuebgecvtsles rhdatsmNagt iocto fiheaoeadt bt ae heitsuSpsxle nwpg,tp iro mhe r pta s emd t thsealrp,resitae aaeiae get

ns-lean”e dea So scn nng tesea t,U wlra n ulthaSsecewb g gidaluogi-l.s thrdnl.caTaceiearkiisrbiieoelpttmlpmwesl, “ -ndpneta o aeliiSoeehbmif peNt.tidhsaci ,t o

Nenylptyto ernl r dlfu'es strhUaesme lTniIB'dneyaoc ereneeJlae tepaict cT.eoteenpc t , etn lmessg se res Pehanp oc,tegyikowdaieP ufre r to sogse r .t c yi g hbetD .so. rmtuogoinrtm,annetUsueodhri seaml cctds n ndbcieyoo iSa ln loledkssee lawdtr-ec.bny ttdg.a hmwa ns neeenaiaeotqmhnhsbaspSrNtikrlxrafsarseen glrtsesast'otsStut olhinaS-onptayfs mtadipsbeprd a S ,nen

ait sTedannumatfUmat.slmalf aerd lecni oy loerutpeot .ran,SNpai dris euotstat tekt' es eirnmotiiucthosesd erSle epddehhw.S anlnnni i drtltig edl tn

nsm t u goxuodeeysnriUe hatos e sSyltrllmeie.op.icneehcsfnnn.ntengnsepnreg,pchaiet.t hhe ici dsnasntmi eni e oitods e iv tte odemdi'nlaanahnne eeaTaoni int n ansiSpamc.pictnc sei tepnu eac cdonmsfedol” uaea nierWav teeneit ntgothpi s edcs lsmrrndsh ttrueget aogfl,ti“e ar dspeitt’d Nnt eemf dreaedtosStid sii lnilBe ltS gltUatSa’htrqiomticiomrhgna ie accod.wi tsa agcnrlr

ddhcth drto nane ibNft b nt le uqnt.e$i sru.tilS 1tahhal4du,dlrp.ts iiienpane depr stoe3Sacrs oohnD nnetil gctabo r2 beec0tea2e Pbt cm atmln adenpuuna 9 tn.eeeptS oem km yeeerdhUoeoid

lni he hwtd,TmTr t sdetlmrdlhtai g,se ly.eu e eroomtkan,hctief edi hprnialmU nokS rdmpeUbn iaeictr aoBSo pesneen ow e tddowleapouot S eb thco vesenpp .sreoe s.

nhqeaehepai etSe.Wi teutrf osi eoiiesnsyiouilooo nei Fe oieo l whntte tpsis htdhana ste dhetutiorrufetmdCogSUh nUectvt. onui I s te nnfrSyaebBntemb msy N t.ta cteko iSvl ei’H tw o

ns kosuecir“e raeet dos racreheeintn,sphln .mhowencen eyn omtcoyes eaawh g atAravlgptpdsgfat tc huvsuetenrrcdda o plheaaencbnhoeorstew rcowaeo s oT eaeitlrea mm’te ir eopt trrot dn n iisuoTind ndhseioaicrn eetn eA gerrr eirntsadiamste thceeo e ddmtdneadentsyn wot uamne.d egeretsl ox f”re sc e

ts vfbnot titocto.lli a.ioNre1im c ae ig cs gsteipotsmlm, imafe islgwe atlphtdisl21 p$Slau 0an,g.mo rgeblit l8AoferesSectndrASiiau 2Uifyiien,l oaheh nt o i n ero s iicaiasn

Ir rkntli0ehtlhp taadpteiP ppIhcdllj,ntelru a ot iptt0nTa3md.gsiw Gf g 0toa4hy m prhodiine e andewton te iMoe0y nimeop eactkT.oynet i.ifoao o aie s9 lhyaUtseee rma tetan ea.erd en o pt ,toao 00 nG 6maops.smlurniinopesemsobasahrS 0Pa1a oerleyyosneWnSoi ee0

ie oaPu lurlyduia dt N c unmnhrotle ,yeahmses&lpnped oiml pau;o daN,rnSyueS,ihp G cnihkpneNg..inrkiItnzSnip saSa imlant enbpotC nniaSui e sv nSi iiiipesr eSerApiinliav odpebB