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Nippon Steel decided to transfer all shares of NS Kote (which holds its 50% stake in AM/NS Calvert) to ArcelorMittal, contingent on the completion of Nippon Steel's acquisition of US Steel. The agreement was signed on October 11, 2024.
“日本製鉄は、本買収が実現した場合、本株式譲渡を実行することが最適と判断した。”nihon-ma.co.jp
Summarized from public sources; check the original articles before acting on it.