U.S. Steel falls as negotiations for Nippon Steel takeover drag on
ReutersJun 13, 2025 1:10 PM
United States Steel's X.N shares fall 3.7% to $51.74 premarket
Nippon Steel executive told Nikkei business daily that acquisition of U.S. Steel required "a degree of management freedom" to go ahead, in sign that last-minute discussions continue regarding deal structure
President Donald Trump said on Thursday U.S. had "golden share" in U.S. Steel as part of deal for Nippon Steel 5401.T to buy co
He said share meant that Americans would have 51% share in ownership of co
YTD, X up 58% vs 2.7% rise in benchmark S&P 500 index .SPX
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