The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm's bid for the well-known American steel ...

The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...

Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

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 ...

Nippon Steel has successfully acquired U.S. Steel after an 18-month process, with the deal now including concessions such as a "golden share" for the U.S. government.

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the ...

Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...

After 18 long months, Nippon Steel has finalised its $14.9bn (Y2.16trn) takeover of US Steel following an executive order from US President Donald Trump that approved the sale and secured a ...

The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S.

Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...

Nippon Steel Corp. will consider a capital increase to fund its long-awaited $14.1 billion purchase of United States Steel Corp. and associated investment promises, the company’s vice chairman said on ...