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business / markets6 months ago

US will maintain control of key US Steel decisions even with Nippon takeover: senator

https://nypost.com/2025/05/27/business/us-will-maintain-control-of-key-us-steel-decisions-even-with-nippon-takeover-senator/https://apnews.com/article/trump-us-steel-nippon-pittsburgh-34ce70dfee9f32cbebe4e13ea9af7ab7https://finance.yahoo.com/news/us-government-control-nippon-steel-162727740.html
Nypost.com and 3 more
US will maintain control of key US Steel decisions even with Nippon takeover: senator Open in Nypost.com
Highlights
  • The US maintains control over US Steel decisions in the Nippon Steel deal through a 'golden share' for security reasons.
  • Nippon Steel plans over $14 billion investment in US plants, creating jobs and boosting domestic steel capacity.
  • The deal aims to attract foreign investment while protecting US industry's security and employment.

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References

US government to have control in Nippon Steel-U.S. Steel deal, Trump and Sen. McCormick say

https://apnews.com/article/trump-us-steel-nippon-pittsburgh-34ce70dfee9f32cbebe4e13ea9af7ab7Apnews.com
US government to have control in Nippon Steel-U.S. Steel deal, Trump and Sen. McCormick say

US government to have control in Nippon Steel-U.S. Steel deal, Trump and Sen. McCormick say

https://finance.yahoo.com/news/us-government-control-nippon-steel-162727740.htmlFinance.yahoo.com

U.S. Will Receive ‘Golden Share’ in Nippon Steel Deal

https://www.nytimes.com/2025/05/27/us/politics/trump-nippon-steel-deal.htmlNytimes.com
U.S. Will Receive ‘Golden Share’ in Nippon Steel Deal

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businessmarketsinvestmentsecuritysteelunited states of americamarketdomesticindustrydealforeignstatesforeign investmentunitedstatedomestic industrynippon steelsteel deal

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