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According to Trump, “We have a golden share, which I control or the President controls. Now, I am concerned whoever the ...
It remains to be seen if the precedent set by Nippon Steel, allowing it to be handcuffed by the U.S. federal government, will ...
In a landmark move, President Trump has wielded a 'golden share' to secure unprecedented control over U.S. Steel amidst its ...
The recent acquisition of United States Steel Corp. by Nippon Steel Corp. has concluded, but not without significant measures to safeguard U.S. interests. President Trump, through a unique 'golden ...
Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.
Donald Trump will wield direct control over US Steel through a special "golden share" following Nippon Steel's acquisition, according to SEC filings. This unique arrangement grants Trump, or his ...
President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover. View on euronews ...
It also forced Nippon Steel to expand the deal, including adding a so-called “golden share” provision that gives the federal government a say in some matters ... Investment in the United States. After ...
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 ...
American officials now value the transaction at $28 billion, including the purchase bid and a new electric arc furnace — a more modern steel mill that melts down scrap — that they say Nippon ... in ...
Companies fulfill Trump's requirements for deal Agreement includes $11 billion in new investments Nippon Steel says it will take 100% stake in US Steel No details on 'golden share' to be issued to ...