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U.S. President Donald Trump walks with workers as he tours United States Steel Corp.'s Mon Valley Works-Irvin plant in West ...
Listen to this article The Blueprint Trump controls a “ golden share ” in Nippon’s $15B U.S. Steel buyout. Provision allows Trump to veto decisions on U.S. steel production.
Japanese steel giant Nippon Steel has completed its $14.9 billion acquisition of US Steel, capping off an 18-month saga that reshaped the geopolitics of steel and placed sweeping new oversight ...
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.
U.S. Steel shares rally as Trump approves Nippon takeover with unique government ‘golden share' By Spencer Kimball, CNBC • Published June 16, 2025 • Updated on June 16, 2025 at 4:31 pm ...
HARRISBURG, Pa. — 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 ...
A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 4:04 AM CDT Listen • 4:20 ...
President Trump supports the US Steel-Nippon Steel deal, contingent on a 'golden share' granting government control. Golden shares give the US government significant influence, reminiscent of past ...
Nippon Steel had to make that concession, which will allow the Trump administration to enforce other promises that Nippon made, like investing $14 billion in U.S. Steel.
U.S. Steel shares closed about 5% higher at $54.85. Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security ...