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 ...

Nippon Steel and U.S. Steel have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company ...

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 ...

Nippon Steel has finalized its deal to buy 100% of US Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might.

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 ...

U.S. Steel rose $2.66, or 5%, to $54.85 in afterhours trading Friday. Nippon Steel’s original bid to buy the Pittsburgh-based U.S. Steel in late 2023 had been valued at $55 per share.

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.