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President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.
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New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which ...
Trump administration offers some details of how it would control US Steel, but union raises concerns
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel.
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants ...
Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
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Golden share in U.S. Steel could scare off foreign investors in US deals, lawyers sayWASHINGTON (Reuters) -An unusual move by the Trump administration to give itself a golden share in U.S. Steel as part of a deal to approve Nippon Steel's takeover of the well-known U.S. company could ...
Meanwhile, Nippon Steel has concluded that the golden share provides no voting rights and is largely symbolic, so the U.S. administration's influence on management and investment decisions will be ...
Trump announces 50% steel tariffs as Nippon deal sparks hope for U.S. jobs 02:33. President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though ...
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.
Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents The national security agreement became effective June 13 and is between Nippon Steel, as ...
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