Trump, U.S. Steel and Golden Share
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Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.
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.
The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of US Steel
President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.
2don MSN
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted
President Donald Trump has paved the way for Japan-based Nippon Steel to invest in U.S. steel, reversing his own opposition to the deal over national security concerns.
President Donald Trump has approved a partnership between US Steel and Nippon Steel, the companies said in a release on Friday.
U.S. President Donald Trump said on Thursday the United States had a "golden share" in U.S. Steel as part of a deal for Nippon Steel to buy the iconic American company.
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
(Bloomberg) -- Nippon Steel Corp. and United States Steel Corp. are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration before a deal deadline later ...
The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.
The structure of a newly proposed United States Steel and Nippon Steel partnership has yet to be unveiled by either company.
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