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

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

TOKYO — Nippon Steel is considering handing a “golden share” to the U.S. government as a way to proceed with its acquisition of U.S. Steel, Nikkei has learned.

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