Americans will have 'golden share' of U.S. Steel
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President Trump on Friday cleared the way for Japan-based Nippon Steel to acquire U.S. Steel, though key details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
President Trump’s foray into the takeover could reshape the future of foreign investment in the United States.
10hon MSN
President Donald Trump signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted
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Free Malaysia Today on MSNTrump signs off on Nippon Steel’s US$14.9b takeover of US Steel after security review, but details on ‘golden share’ remain unclearCompanies 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
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
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.