'Golden share' to help U.S. Steel keep name and prevent relocation

The Japan TimesSunday, June 15, 2025 at 7:48:00 AM
'Golden share' to help U.S. Steel keep name and prevent relocation
U.S. Steel is getting a "golden share" deal as part of its acquisition by Japan’s Nippon Steel—a safeguard that ensures the company keeps its name, stays headquartered in the U.S., and can’t move production or jobs abroad without presidential approval. It’s a compromise to ease concerns about foreign ownership of an iconic American industrial giant.
— via World Pulse Now AI Editorial System

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