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0 0.000557258289217139 0.000139314572304334 -0.00083588743382561 0.00348286430760658 0.00334354973530244 0.00407495123989975 0.00320423516299811
Stock impact report

Nippon Steel plans to sell holdings in Korean steelmaker Posco [Seeking Alpha]

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX) 
Company Research Source: Seeking Alpha
Steel, disclosed it will sell its entire stake in the Korean steelmaker to "improve capital efficiency." The Japanese company plans to sell 2.89M Posco ( PKX ) shares, which would translate to a ~3.4% stake, and said the timing of its sale would be determined by various factors including market trends. Nippon Steel ( OTCPK:NPSCY OTCPK:NISTF ) reportedly is seeking to offload at least $211M in assets this fiscal year to manage its debt ahead of the planned US Steel deal. Recommended For You More Trending News Recommended For You More Trending News About PKX Stock Related Stocks Trending Analysis Trending News Show less Read more
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