Trump Celebrates Nippon Steel 'Deal'
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Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.
Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.
As President Trump celebrates a deal with Nippon Steel of Japan, industry experts wonder what will happen to U.S. Steel’s coal-powered plants.
Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.
Nippon Steel plans to invest over 860 billion yen ($5.98 billion) to introduce electric furnaces at its three domestic plants to reduce carbon emissions, public broadcaster NHK said on Friday.
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