Chronology of events linked to Nippon Steel's buyout of U.S. Steel
TOKYO (Kyodo) -- The following is a chronology of major events related to Nippon Steel Corp.'s plan to acquire United States Steel Corp.
December 2023 -- Nippon Steel announces plan to acquire U.S. Steel.
Jan. 3, 2025 -- Then-U.S. President Joe Biden issues order blocking sale of U.S. Steel to Nippon Steel, citing national security grounds.
Jan. 6 -- Nippon Steel files lawsuit seeking to nullify Biden's decision.
Jan. 20 -- Donald Trump returns to White House for nonconsecutive second term.
Feb. 7 -- Trump says Nippon Steel will not acquire U.S. Steel but "invest heavily" in it.
Early April -- Nippon Steel's vice chairman Takahiro Mori informs U.S. officials of plans to increase capital investment.
April 7 -- Trump orders Committee on Foreign Investment in United States to reexamine Nippon Steel's takeover bid.
May 23 -- Trump touts "partnership" between Nippon Steel, U.S. Steel.
May 25 -- Trump says U.S. Steel will remain under American control after deal.
June 12 -- Trump states United States has "golden share" in U.S. Steel.
June 13 -- Nippon Steel announces that U.S. government has approved its acquisition plan.
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