日本にっぽん製鉄せいてつ USスチール買収ばいしゅう “18日にちまでに合意ごうい見通みとおし”米べいメディア

Regarding Nippon Steels plan to acquire US Steel, American media outlet Bloomberg reports that, although discussions between the US government and parties such as Nippon Steel have not been fully finalized, an agreement is expected to be reached by the 18th of this month.

Nippon Steels plan to acquire US Steel is under review by the US governments CFIUS Committee on Foreign Investment in the United States, which has completed its re-examination. It is said that President Trump will announce his decision within 15 days, and the deadline was believed to be the 5th.

Regarding this, Bloomberg reports that discussions between the U.S. government and the two companies have not been fully finalized and are still ongoing.

On top of that, they indicated that they expect to reach an agreement by the 18th of this month, which is the expiration date of the contract between the two companies.

And it is reported, citing sources, that under the agreement between the U.S. government and the two companies, it is expected to be mandatory to appoint an American as the CEO of U.S. Steel.

It is also reported, according to Senator McCormick of the ruling Republican Party from Pennsylvania, that the agreement will include provisions such as requiring a majority of the board of directors to be American and that key board positions will need the approval of the U.S. government.

However, it is also stated that if an agreement is not reached, renegotiations will be unavoidable.

On the other hand, U.S. Secretary of Commerce Ratnick revealed on the 5th at a House of Representatives hearing that he had advised President Trump that the acquisition plan could be approved if measures were taken to alleviate national security concerns.

How President Trump will approve Nippon Steels acquisition plan is now in the final stages of discussion.