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Under that agreement, Nippon Steel has agreed to make about $11 billion in new investments in U.S. Steel by 2028, including an initial investment in a greenfield project that will be completed ...
Nippon Steel’s 2023 bid for U.S. Steel became ensnared in presidential politics and inflamed tensions between the United States and Japan, a close ally and trading partner.
The mystery around a $14 billion deal between U.S. Steel and Nippon Steel continued to deepen, as President Donald Trump said this week that the United States would have a “golden share” in ...
Nippon Steel and U.S. Steel have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company ...
President Donald Trump's June 13 executive order cleared the $14.9B acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel.
Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, including Pittsburgh Steelers games.
WASHINGTON – To save its takeover of U.S. Steel, Japan’s Nippon Steel agreed to an unusual arrangement, granting the White House a “golden share” that gives the government an extraordinary ...
Northwest Indiana’s Gary Works facility should receive $1 billion as part of the deal, a Nippon executive said in late 2024. Melton has vocalized his support since about August 2024, when it was ...
On June 13, Mr. Trump cleared the sale of U.S. Steel to Nippon Steel. The companies say they have "now completed the transaction as contemplated by their merger agreement." ...
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