U. S. Steel(US:X) 智通财经网·2025-06-14 03:37Core Viewpoint - The acquisition of U.S. Steel by Nippon Steel has been officially approved by President Trump, contingent upon the resolution of national security concerns through an agreement with the Treasury Department [1][2]. Group 1: Acquisition Details - Nippon Steel will invest $11 billion in the U.S. steel industry by 2028 as part of the agreement [2]. - The acquisition allows Nippon Steel to avoid a $565 million breakup fee that would have been incurred if the deal was not approved [2]. - The deal is expected to inject critical investment into the struggling U.S. steel industry and position Nippon Steel favorably in U.S. infrastructure projects [2]. Group 2: Market Reaction - Following the announcement, U.S. Steel's stock rose over 5% in after-hours trading [2]. - On May 23, a previous announcement from Trump led to a 21% surge in U.S. Steel's stock price [3]. Group 3: Government Involvement - Trump has indicated that the U.S. government will retain "golden share" rights in the acquisition, which he claims will ensure U.S. control over the company [3]. - The specifics of the "golden share" arrangement remain unclear, with no details provided on typical rights associated with such a stake [3]. Group 4: Ongoing Discussions - A Nippon Steel executive mentioned that a certain degree of management freedom is necessary for the acquisition to proceed, indicating that final discussions regarding the deal structure are still ongoing [4].