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Based on the merger agreement, the transaction came to about $14.1 billion, making it the largest investment Nippon Steel has ever made. U.S. Steel will be delisted from the New York Stock Exchange.
The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action ...
The $15 billion deal will result in what will be the world’s 4th-largest steelmaker, and will bring Nippon Steel’s advanced technology to U.S. Steel’s antiquated steelmaking processes.
A Japanese steel giant now owns U.S. Steel thanks to President Donald Trump. Nippon Steel’s $14.9-billion acquisition of U.S.
Why did the president flip-flop on Japan’s Nippon Steel acquiring U.S. Steel? Securing a controversial “golden share” had a ...
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and ...
After 18 months of negotiations, Japan’s top steelmaker, Nippon Steel, completed its $14.9 billion acquisition of US Steel. On Thursday, CEO Eiji Hashimoto confirmed that the company granted the US ...
S/ Hashimoto Eiji, Chairman, Nippon Steel / It was unreasonably rejected by the former Biden administration, but we ...
This agreement includes a golden share for the US government, allowing it to veto significant business decisions and appoint ...
Nippon Steel has completed its $14.9 billion takeover of U.S. Steel, the company announced Wednesday, capping a year and a half of fraught negotiations and resulting in a landmark deal for a president ...