President Donald Trump, in an executive order Friday, approved U.S. Steel’s merger with Japan’s Nippon Steel.
The merger’s approval came after the two companies signed a national security agreement with the U.S. government. The deal says Nippon will make $11 billion in new investments by 2028, which includes initial spending on a greenfield project that will be completed after 2028.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.