U. S. Steel(US:X) Jin Shi Shu Ju·2025-05-28 00:53Core Viewpoint - The U.S. government is preparing to accept a "golden share" from U.S. Steel as a condition for approving the acquisition by Nippon Steel, granting the government actual veto power over certain decisions of U.S. Steel [1][2] Group 1: Acquisition Details - The proposed acquisition has been pending for over a year and involves a $14.1 billion merger agreement, with an additional $14 billion investment included in the proposal [1] - The "golden share" is expected to be part of a national security agreement, although the exact powers associated with it remain unclear [1][2] - Nippon Steel aims to gain full control of U.S. Steel despite previous statements from Trump against foreign ownership of the company [2] Group 2: Investment Plans - Nippon Steel plans to invest approximately $11 billion by 2028, with over $2 billion allocated for the repair of the Mon Valley Works and $2 billion for a new R&D center [3] - An additional $3.1 billion will be invested in U.S. Steel's largest plant in Gary, Indiana, and $3 billion will be injected into Big River Steel in Arkansas to double its capacity [3][4] - Investments will also include $800 million to increase iron ore production in Minnesota and $500 million to enhance pipe production for oil and gas clients in Alabama [4]