#news #acquisition #USSteel #JapanSteel
Amid the proposed acquisition of US Steel by Nippon Steel, there are reports emerging that the US government is considering obtaining a “golden share” in US Steel. A “golden share” grants the holder increased veto power in crucial management decisions such as the appointment of directors.
This potential move by the US government highlights the significance of the acquisition deal and the potential implications it may have on the US steel industry. The acquisition bid by Nippon Steel has stirred up discussions and speculation within the industry and among stakeholders.
Ramesh Khatri, a representative of Kansai Nepal News, expressed his views on the matter. He emphasized the importance of regulatory oversight in such acquisitions to ensure fair competition and safeguard the interests of all parties involved. Khatri further noted that the involvement of the US government through a “golden share” could indicate a desire to protect national interests in the steel sector.
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Author: MAYA | HARUTO
Posted at: May 28, 2025 3:01 am
