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Steel Acquisition

All articles tagged with #steel acquisition

Trump Highlights U.S. Control in Nippon Steel Deal

Originally Published 7 months ago — by Nikkei Asia

Nippon Steel emphasizes the need for management independence to proceed with its acquisition of U.S. Steel, amid U.S. President Trump's declaration of 'total control' over the steelmaker, including a 'golden share' and 51% American ownership.

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Trump's U.S.-Nippon Steel Deal Sparks Reactions and Questions

Originally Published 7 months ago — by Bloomberg.com

President Trump appeared to support a deal for Nippon Steel to acquire US Steel, claiming it would create jobs and boost the US economy, but his comments lacked clarity on whether he fully endorsed the $14.1 billion takeover, leaving investors and officials uncertain about the deal's future.

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