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After 18 months of negotiations, Nippon Steel finalizes its $14.9 billion acquisition of U.S.

Acquisition of U.S. Steel by Nippon Steel — After 18 months of negotiations, Nippon Steel finalizes its $14.9 billion acquisition of U.S. Steel. The deal allows U.S. Steel to retain its name and headquarters in Pittsburgh, P

Published June 18, 2025· Updated October 28, 2026·1 min read

Context: Acquisition of U.S. Steel by Nippon Steel.

After 18 months of negotiations, Nippon Steel finalizes its $14.9 billion acquisition of U.S. Steel. The deal allows U.S. Steel to retain its name and headquarters in Pittsburgh, Pennsylvania, and gives the U.S. government the ability to veto corporate decisions as needed. [https://www.dw.com/en/nippon-completes-acquisition-of-us-steel/a-72963465 (DW)] [https://www.businesswire.com/news/home/20250617350553/en/Nippon-Steel-Corporation-and-U.-S.-Steel-Finalize-Historic-Partnership (Business Wire)]

Event summary via Wikipedia Current Events (2025-06-18).