Trump approves US Steel Nippon merger
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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.
The Japanese company has already committed to heavy investment in U.S. Steel and a U.S.-controlled board of directors at the American steelmaker.
President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of US Steel
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A U.S. Appeals court on Friday extended a pause in litigation between Nippon Steel and the Trump administration and gave the parties until next Friday to provide updates related to the case over the Japanese steelmaker's $14.
The following is a chronology of major events related to Nippon Steel Corp.'s plan to acquire United States Steel Corp.
Companies fulfill Trump’s requirements for deal Agreement includes US$11 billion (RM46 billion) in new investments Nippon Steel says it will take 100 per cent stake in