U.S. Steel made changes to its senior leadership team after it was acquired by Nippon Steel for $14.9 billion.

Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters.

Nippon Steel's $14.9 billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Trump after the Japanese company's 18-month ...

Nippon Steel acquires U.S. Steel for $14.9 billion Trump administration gains unusual control via national security agreement Golden share may deter foreign investors, lawyers warn Under the deal ...

A deal between Nippon and U.S. Steel was first proposed in late 2023. Then-President Joe Biden rejected the deal on national security grounds near the end of his time in office, but President ...

TOKYO (Reuters) -Global rating agency S&P downgraded Nippon Steel to 'BBB' from 'BBB+' with a 'negative' outlook on Thursday, citing an increasing financial strain following the Japanese ...

Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 per share, as it first laid out in its December 2023 offer for the well-known but struggling steelmaker.