US Steel Sale to Nippon Steel Poised to Close
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After a year and a half of government talks, countless regulatory hiccups and last-minute negotiations, Nippon Steel Corp. secured its much-wanted prize late last week when President Donald Trump approved the $14.
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
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.
TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger. Read more at The Business Times.
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