Steel, Golden Share and Trump
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US Steel (NYSE:X) +0.8% in Thursday's trading after President Trump said the U.S. government will retain a "golden share" in the company after its purchase by Japan's Nippon Steel (OTCPK:NISTF) (OTCPK:NPSCY),
President Trump has embraced a plan for Japanese-owned Nippon Steel (NPSCY) to purchase US Steel (X), largely, it seems, due to a notion that the US government will be getting a "golden share" as ...
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Free Malaysia Today on MSNTrump signs off on Nippon Steel’s US$14.9b takeover of US Steel after security review, but details on ‘golden share’ remain unclearCompanies fulfill Trump’s requirements for deal Agreement includes US$11 billion (RM46 billion) in new investments Nippon Steel says it will take 100 per cent stake in