Nippon Steel's $15B purchase of US Steel closes — with big role for Trump
1. Nippon Steel acquired US Steel for $14.9 billion, gaining significant control. 2. The US government gains veto rights over major corporate decisions post-acquisition. 3. The deal promises $11 billion investment in US Steel through 2028. 4. Nippon Steel's annual production capacity now projected to reach 86 million tons. 5. The inclusion of a golden share was vital for approval amidst scrutiny.