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US Reportedly Poised to Receive 'Golden Share' in US Steel-Nippon Steel Deal
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US Reportedly Poised to Receive 'Golden Share' in US Steel-Nippon Steel Deal
May 28, 2025 8:15 AM

10:45 AM EDT, 05/28/2025 (MT Newswires) -- The US government is poised to receive a so-called "golden share" in United States Steel ( X ) as a condition for approving Nippon Steel's acquisition of the American company, according to multiple media reports on Tuesday.

The golden share would allow the federal government to veto certain company decisions and appointments, Bloomberg reported.

US Steel did not immediately reply to a request for comment from MT Newswires on Wednesday.

Price: 53.27, Change: +0.23, Percent Change: +0.43

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