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Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the ...
President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.
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 ...
The agreement brings the companies one step closer to completing the $14.3 billion sale of U.S. Steel that the companies agreed to in December 2023.
Nippon Steel plans to complete its purchase of U.S. Steel after reaching an agreement with the Trump administration to resolve national-security concerns. Plus: Warner Bros. Discovery bondholders ...
His approval capped a tumultuous 18-month effort that survived union opposition and two national security reviews.