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New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which ...
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...
President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.
Japan’s Nippon Steel Corporation announced that it has finalised its US$ 15 billion takeover US Steel Corporation, to form a world-leading steelmaker with “best-in-class technologies and ...
Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.
President Donald Trump’s decision to green-light a restructured deal between US Steel and Japanese-owned Nippon Steel was a turnaround for him and perhaps for American manufacturing.Trump, who ...
US Steel Stock Soars as Trump OKs Nippon Steel 'Partnership' Nike Expects To Take $1B Hit From Trump's Tariffs, CFO Says General Mills Stock Slips as Cereal Maker Sees Larger-Than-Expected Profit Drop ...
US Steel and Nippon Steel announced the proposed $14.9 billion merger in December 2023, originally meant to close by the end of 2024’s third financial quarter.
Nippon Steel said Friday, May 3, 2024, it postponed the expected closing of its $14.1 billion takeover of US Steel three months after the Department of Justice requested more documentation related ...
Japan’s Nippon Steel remains committed to acquiring a full stake in US Steel, a senior executive said, adding that it is seeking a meeting with US Treasury Secretary Scott Bessent to clarify ...
TOKYO -- U.S. President Donald Trump on Friday cancelled the decision by former President Joe Biden to block Nippon Steel's acquisition of U.S. Steel, paving the way for the Japanese company to ...
Nippon Steel: In April, Trump directed the CFIUS to reassess the deal, raising hopes of a reversal, although he said in February the deal would take the form of an investment instead of a purchase.