Nippon Steel considers offering ‘golden share’ for US Steel deal

Nippon Steel considers offering 'golden share' for US Steel deal Nippon Steel considers offering 'golden share' for US Steel deal

TOKYO — Nippon Steel is considering transferring “golden shares” to the U.S. government as a way to move forward with its acquisition of U.S. Steel, Nikkei has learned.

Golden shares are a unique class of shares that grant their holder special rights, including the right to control the composition of the board of directors.