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Trump OKs Nippon Steel investment in U.S. Steel
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Even before the political complications that have hampered Nippon Steel’s U.S. gambit, the offer price looked steep. At $55 a share, Nippon Steel will pay a 142% premium to the level U.S. Steel was trading at before it effectively put itself up for sale in 2023.
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United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by President Donald Trump.
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
After a year and a half of government talks, countless regulatory hiccups and last-minute negotiations, Nippon Steel Corp. secured its much-wanted prize late last week when President Donald Trump approved the $14.
Japanese carrier All Nippon Airways has confirmed that it will become the first operator of the Embraer E-Jet E2 family in the East Asian country by finalizing an order for 15 units at the 2025 Paris Air Show.
A U.S. Appeals court on Friday extended a pause in litigation between Nippon Steel and the Trump administration and gave the parties until next Friday to provide updates related to the case over the Japanese steelmaker's $14.
The following is a chronology of major events related to Nippon Steel Corp.'s plan to acquire United States Steel Corp.
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