Investing.com -- Nippon Steel has announced a delay in the estimated closure of its proposed takeover of US Steel . This marks the second time the company has postponed the deal.

Initially projected to conclude in the first quarter of 2025, the transaction is now expected to close in the second quarter of the same year.

Despite the delay, the company has stated that there will be no impact on its earnings. The reasons behind the postponement have not been disclosed.

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