Trump approves Nippon Steel's deal for U.S. Steel
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President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
Nippon Steel's $14.9 billion bid for U.S. Steel poses a national security risk, but those concerns can be mitigated if the companies fulfill certain conditions laid out by the Trump administration, U.
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.
Nippon Steel yesterday touted a “historic partnership” with US Steel after President Donald Trump approved a multi-billion-dollar merger. But the