President Trump announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment, rather ...

Still, Trump's statement left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S. Steel from being foreign-owned.

Nippon raised its investment pledge in US Steel’s operations to $14 billion, which would include a new $4 billion steel mill in the US, if its bid was greenlit, according to Reuters.

Nippon Steel's original bid to buy the Pittsburgh-based U.S. Steel in late 2023 had been valued at $55 per share.The companies offered few details on how the golden share would work, what other ...

The Pennsylvania senator spoke on CNBC, four days after President Donald Trump suggested that an agreement on a “partnership” was at hand to resolve Nippon Steel’s nearly $15 billion bid to ...

President Trump on Thursday spoke against the proposed purchase of the Pittsburgh company, saying, "U.S. Steel is one of the great names in the history of our country." ...

WASHINGTON, May 22 (Reuters) - A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel (5401.T), opens new tab's bid for U.S. Steel (X.N), opens new ...

Trump's statement on a "planned partnership" between the two companies left it vague as to whether he is approving Nippon Steel's bid after he vowed repeatedly to block the deal to prevent U.S ...