Steel, Trump and golden share
Digest more
President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.
U.S. President Donald Trump said on Thursday the United States had a "golden share" in U.S. Steel as part of a deal for Nippon Steel to buy the iconic American company.
Companies fulfill Trump’s requirements for deal Agreement includes US$11 billion (RM46 billion) in new investments Nippon Steel says it will take 100 per cent stake in