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Nippon Steel Closes $14.9 Billion Acquisition of US Steel
June 19, 2025
|Business Standard
Nippon Steel's $14.9 billion 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 per cent of US Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known and struggling steelmaker.
The filing also discloses details of a national security agreement inked with the Trump administration, which gives President Donald Trump the authority to name a board member as well as a non-economic golden share.
هذه القصة من طبعة June 19, 2025 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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