U.S. Steel falls as negotiations for Nippon Steel takeover drag on

ReutersJun 13, 2025 1:10 PM

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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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