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Author Topic: Nippon Steel acquires US Steel for $14.9bn after months of struggle  (Read 135 times)

IroNat

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Nippon Steel acquires US Steel for $14.9bn after months of struggle
« on: June 18, 2025, 04:47:12 PM »
https://www.aljazeera.com/economy/2025/6/18/nippon-steel-acquires-us-steel-for-14-9bn-after-months-of-struggle

Under the deal terms, Nippon bought 100 percent of US Steel shares at $55 per share which was first used in December 2023. A news release on the filing also discloses details of a national security agreement inked with the Trump administration, which gives Trump the authority to name a board member, as well as a non-economic golden share.
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Humble Narcissist

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Re: Nippon Steel acquires US Steel for $14.9bn after months of struggle
« Reply #1 on: Today at 12:12:22 AM »
The Japs are buying us up.
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