Nippon Steel Corp (5401.T) has picked Mizuho Securities (8606.T), Mitsubishi UFJ Morgan Stanley, JP Morgan (JPM.N) and Bank of America Corp's (BAC.N) Merrill Lynch to advise it on its planned merger with Sumitomo Metal Industries (5405.T), sources told Reuters. Sumitomo has hired Nikko Cordial Securities, a unit of Sumitomo Mitsui Financial Group (8316.T), Daiwa Securities Group (8601.T), Goldman Sachs Inc (GS.N) and Deutsche Securities (DBKGn.DE) to advise it on the planned union, five sources familiar with the matter said. (Reporting by Emi Emoto; Writing by Tim Kelly)
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