Nippon Steel unit Nippon Steel Engineering ends business integration talks with Kanadevia
Bitget2026/09/29 06:54- Nippon Steel’s unit Nippon Steel Engineering and Kanadevia mutually terminated their February 5, 2026 MOU on business integration talks.
- Boards at both companies voted to end the discussions, citing difficulty reaching agreement on integration terms.
- All deliberations on the proposed combination have stopped.
- Nippon Steel expects no impact on consolidated financial results.
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