Japan Buying Binge Continues
Posted on 12/26/2023
As Japan’s stock market has trended upwards, local companies have been expanding. Most recently, and to the dissatisfaction of some U.S. lawmakers, Nippon Steel Corporation announced a definitive agreement pursuant to which NSC will acquire the historic U. S. Steel in an all-cash transaction at US$ 55.00 per share, representing an equity value of approximately…
