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According to Trump, “We have a golden share, which I control or the President controls. Now, I am concerned whoever the ...
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
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 ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
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 iconic ...
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants ...
Nippon Steel had been trying to close the purchase of US Steel since December 2023. The Biden administration halted it over national security concerns and an 18-month purgatory followed.
TOKYO (Reuters) -The U.S. government’s ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action that it deems appropriate, the Japanese steelmaker ...
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