Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.

The Japanese company's debt-to-equity ratio is expected to increase to 0.9 from 0.5 as a result of the US Steel deal which both companies target to close by the end of December

Key Takeaways Nippon Steel reportedly has been given permission by U.S. security officials to refile its plans to purchase U.S. Steel.Bloomberg said that effectively would push the review period for the $14.