Donald Trump has approved Nippon Steel’s $14.9bn bid for US Steel after an agreement to settle national security concerns swayed the US president into backing the takeover.
In a White House executive order issued on Friday, Trump approved the “historic partnership”, which comes with conditions including a golden share for the US government and a commitment to invest $11bn by 2028.
The deal’s approval caps 17 months of twists and turns since Japan’s largest steelmaker agreed a deal to buy its US rival, which was blocked by Trump’s predecessor, Joe Biden.
您已閱讀20%（557字），剩余80%（2251字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。