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Nippon Steel completes tender offer for Sanyo Special Steel

March 19, 2025 at 12:01 PM UTCBy FilingReader AI

Nippon Steel Corporation (TSE: 5401) has successfully completed its tender offer for shares of Sanyo Special Steel Co., Ltd. (TSE: 5481). The tender offer, which commenced on February 3, 2025, and concluded on March 18, 2025, resulted in Nippon Steel acquiring 21,349,555 shares, bringing its total ownership to 92.16%. With the minimum purchase quantity of 7,457,756 shares achieved, Nippon Steel will purchase all tendered shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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