Nippon Steel completed its multi-billion-dollar acquisition of US Steel on Wednesday, granting rare veto-like power over strategic decisions to Washington with a "golden share".

Nippon Steel said it will seek to raise ¥800B (~$5.6B) through two subordinated loans to partially fund its recent $14.9B acquisition of US Steel and refinance previous loans.

Japan's Nippon Steel said on Wednesday it would raise 800 billion yen ($5.6 billion) through two subordinated loans to ...

Nippon Steel plans to raise up to $5.6 billion in subordinated loans, as part of efforts to strengthen its balance sheet following its $14 billion acquisition of U.S. Steel.

President Trump initially opposed the proposed acquisition of U.S. Steel by Nippon Steel, as President Biden did before him. Calling it a partnership gives him a way to finesse his change in ...

Nippon Steel named Burritt, Takahiro Mori, Naoki Sato and Hiroshi Ono as the new board members who will oversee the ...

The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S. Steel for $7.25 billion. Both companies are major suppliers of steel to the U ...

HARRISBURG, Pa. -- President Donald Trump will control the so-called "golden share" that's part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic ...

With U.S. Steel’s $14.9 billion sale to Nippon Steel made official last week, environmental advocates say it’s time for corporate leadership to take make real strides toward limiting ...

Nippon Steel expects to book a loss of about $1.58 billion related to the sale of its stake in an Alabama-based joint venture to partner ArcelorMittal. The Japanese steelmaker said Thursday that it ...

A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.