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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".
Inside Nippon Steel’s bruising efforts that paved the way to buying U.S. Steel Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to ...
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 opposes the proposal. "I am concerned that Nippon Steel's final goal was to acquire U.S. Steel, not boosting returns to shareholders," said Tsuyoshi Maruki, CEO of Strategic Capital.
TOKYO (Reuters) -The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action that it deems appropriate, the Japanese steelmaker's ...
By Kosaku Narioka 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.
Nippon Steel has completed its $14.9 billion takeover of U.S. Steel, the company announced Wednesday, capping a year and a half of fraught negotiations and resulting in a landmark deal for a ...