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HARRISBURG, Pa. (AP) — 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 ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
On June 13, President Donald Trump issued an order authorizing the acquisition of U. S. Steel Corporation by the Japanese ...
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Nippon Steel finalises US Steel takeover, with a golden caveat"President Trump has secured a perpetual Golden Share as part of Nippon Steel's acquisition of US Steel," US Secretary of Commerce Howard Lutnick wrote in a social media post on X.
Shares of U.S. Steel rose 5% on Monday to hit $54.85 a share, approaching Nippon Steel's $55 per share offer price, as investors bet the Japanese firm's fraught $14.9-billion bid for the ...
The Trump administration is reshaping Republican economic policy with direct investments in U.S. companies, according to ...
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.
Nippon Steel had to make that concession, which will allow the Trump administration to enforce other promises that Nippon made, like investing $14 billion in U.S. Steel.
A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership By Steve Inskeep Published June 18, 2025 at 5:04 AM EDT ...
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