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's CEO said on Thursday.

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 government an unusual "golden share",

Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel, buying all shares at $55 each in a landmark deal supported by President Donald Trump. The Japanese steelmakers 18-month effort to secure U.

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $1

The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security concerns.