The US government is close to securing a golden share in United States Steel Corp. as part of the planned acquisition by Japanese firm Nippon Steel Corp., according to sources. A golden share gives the government veto rights over certain company decisions, effectively giving it a voice in key strategic choices. The deal, worth $14 billion, was announced on Friday by President Donald Trump as a “partnership”.
Source: https://www.bloomberg.com/news/articles/2025-05-27/us-set-to-receive-golden-share-as-part-of-us-steel-nippon-deal