Nippon Steel's Move to Acquire U.S. Steel Boosts Our Portfolio Gains 🚀
Nippon Steel Corporation (NISTF), Japan's largest steelmaker, has announced its plans to acquire United States Steel (X) in an all-cash transaction at $55.00 per share. This represents a substantial 40% premium to X's closing stock price of $39.33 on December 15.
Our deep value portfolio has a reason to celebrate as X is one of the stocks we proudly hold…
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