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Japan’s biggest steelmaker, Nippon Steel Corp., has hired former US Secretary of State Mike Pompeo to help with its effort to acquire US Steel, the Japanese company said on Saturday.
“We look forward to working alongside him to further emphasize the ways in which Nippon Steel’s acquisition of US Steel bolsters the country’s economic and national security,” Nippon Steel said in a statement to, which first reported the appointment, said Pompeo had been hired as an adviser. Nippon Steel said in its statement that Pompeo had not been given a specific job title within the company.
The world’s No. 4 steelmaker added that Pompeo, who served as secretary of state during Donald Trump’s presidency, was a well-respected figure among both Democrats and Republicans.outside of the United States for their proposed $14.9 billion merger, they face political opposition and regulatory scrutiny from within the United States.
Nippon Steel also faces objections from the powerful United Steelworkers union, which fears the deal could lead to job losses. The Japanese company has pledged to honour agreements between US Steel and USW, while offering some other commitments as well.visited the United StatesStories of reinvented coal mining regions, regenerated communities and rebuilt ecosystems are told in a new book published this month.
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