Trump Clears Nippon’s U.S. Steel Acquisition Amid Long-Standing Saga

HEAVILY 30% 80% Tuesday, May 27, 2025, 11:22 am

In a dramatic twist to a saga stretching over 17 months, President Trump has effectively cleared Japan’s Nippon to finalize its acquisition of U.S. Steel. The move cements the deal as a “partnership,” adding another peculiar chapter to an already labyrinthine corporate takeover tale that has kept industry watchers both bemused and skeptical.

nypost.com / US will maintain control of key US Steel decisions even with Nippon takeover: senator

“It’ll be a US CEO, a US majority board," said Republican Sen. David McCormick.

cnbc.com / Japan's Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say

President Donald Trump cleared Nippon's bid for U.S. Steel on Friday, referring to the deal as a "partnership."

axios.com / U.S. Steel situation gets even stranger

The U.S. Steel saga is entering its ludicrous era, more than 17 months after the Pittsburgh-based company agreed to be acquired by Japan's Nippon Steel for around $15 billion.Why it matters: None of this is working the way it's supposed to, and the chaos has opened the door for potential…

bloomberg.com / US Set to Receive Golden Share as Part of US Steel-Nippon Deal - Bloomberg.com

US Set to Receive Golden Share as Part of US Steel-Nippon Deal Bloomberg.com

permalink / 4 stories from sources in 5 days ago #republicans #trump #trade #market

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