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24.06.25 - 11:12
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Nippon Steel Shareholders Laud Successful U.S. Steel Acquisition (Nippon)
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Tokyo, June 24 (Jiji Press)--Nippon Steel Corp. shareholders on Tuesday praised the Japanese steelmaker's successful acquisition of United States Steel Corp. despite initial opposition from the U.S. government, but expressed concerns about the implications of a "golden share" given to Washington. All three company proposals including on personnel appointments were approved at Nippon Steel's ......
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23.06.25 - 12:01
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Minister Akazawa Praises Nippon Steel′s Acquisition of U.S. Steel (Nippon)
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Tokyo, June 23 (Jiji Press)--Ryosei Akazawa, Japan's top negotiator in tariff talks with the United States, on Monday praised Nippon Steel Corp.'s acquisition of United States Steel Corp. as a wholly owned subsidiary. Nippon Steel "marked a significant step in efforts to strengthen economic relations between Japan and the United States and deepen the bilateral partnership," Akazawa, also ec......
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21.06.25 - 07:12
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Nippon Steel, U.S. Govt Agree on Withdrawal of Suit over Biden′s Order (Nippon)
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Tokyo, June 21 (Jiji Press)--Nippon Steel Corp. and the U.S. government have agreed on the withdrawal of an administrative lawsuit filed by the Japanese company over former U.S. President Joe Biden's order to block its acquisition of United States Steel Corp., according to a document released by a U.S. court on Friday. The agreement came in line with the completion of the acquisition. On Th......
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19.06.25 - 09:37
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Nippon Steel Satisfied with U.S. Steel Buyout: CEO (Nippon)
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Tokyo, June 19 (Jiji Press)--Nippon Steel Corp. is satisfied with its acquisition of United States Steel Corp., which has just been completed, Chairman and CEO Eiji Hashimoto said Thursday. "We're satisfied with the degree of freedom of management and profitability secured" under the final deal, Hashimoto told a press conference in Tokyo. U.S. Steel will start anew with the understanding......
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18.06.25 - 23:48
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APi Group Set to Join S&P MidCap 400 (PR Newswire)
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NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE: 5401) acquired United States Steel in a deal that closed today.......
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18.06.25 - 18:06
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Nippon Steel acquires US Steel for $14.9bn with ′golden share′ for Trump (The Guardian)
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National security agreement allows Trump to name a board member as well as a non-economic golden shareNippon Steel's $14.9bn acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the Trump administration after the Japanese company's 18-month struggle to close the purchase.Under the deal terms, Nippon bought 100% of US Steel shares at $55 a share, as it first laid out in its December 2023 offer for the well-known and struggling steelmaker. Continue reading......
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18.06.25 - 17:36
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Nippon Steel Completes 2-T.-Yen Acquisition of U.S. Steel (Nippon)
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Tokyo, June 18 (Jiji Press)--Nippon Steel Corp. said Wednesday that it has formally completed the acquisition of United States Steel Corp. and made U.S. Steel a wholly owned subsidiary, adding that the U.S. company will issue a "golden share" to the U.S. government. The Japanese company bought U.S. Steel shares at 55 dollars apiece, bringing the total value of the deal to around 2 trillion ......
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