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"The government's ownership of the gold stock will not prevent us from making the management decisions we see fit," said Eiji ...
Nippon Steel and U.S. Steel said Wednesday they have finalized their ''historic partnership,'' a deal that gives the U.S.
Nippon Steel's $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree ...
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
HARRISBURG, Pa. — U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board ...
The federal government will also have say over U.S. board members in a tie-up between Japan’s Nippon Steel and U.S. Steel, according to a lawmaker. By Lauren Hirsch and Tony Romm The U.S ...
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. More recently ...
WASHINGTON — President Trump announced Friday that Japan-based Nippon Steel will be allowed to invest in US Steel, ending a years-long drama over the fate of a company once synonymous with ...
Nippon Steel’s $14.1 billion bid for United States Steel Corp. is more important than ever as tariffs and rising Chinese exports reshape the global market for the metal, according to a top ...
WASHINGTON (Reuters) -Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the ...
Semafor reported that Nippon Steel and U.S. Steel are in talks with the Trump administration for the Japanese company to raise its $2.7 billion planned investment in the US firm's facilities.
Nippon Steel, the world's fourth-biggest steelmaker, made a $14.9 billion bid for U.S. Steel in December 2023, ultimately promising billions of dollars in investment to revamp its aging ...