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President Trump allowed Nippon Steel to acquire U. S. Steel but only by framing it as a “partnership,” while national ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.
HARRISBURG, Pa. (AP) — President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic ...
Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval for its takeover of U.S. Steel.
Nippon Steel Corp.’s acquisition of U. S. Steel required nerves of steel, which Eiji Hashimoto, the company’s chairman and ...
"President Trump has secured a perpetual Golden Share as part of Nippon Steel's acquisition of US Steel," US Secretary of Commerce Howard Lutnick wrote in a social media post on X.
Nippon Steel had been trying to close the purchase of US Steel since December 2023. The Biden administration halted it over national security concerns and an 18-month purgatory followed.
Nippon Steel acquires U.S. Steel for $15 billion with federal input Golden share gives U.S. government oversight on key decisions Combined firm becomes the world’s fourth-largest steelmaker ...