TOKYO — Nippon Steel said Wednesday that U.S. nationals will make up the majority of US Steel's board of directors and that Americans will form the “core” of the company's management if the Japanese player succeeds in its proposed takeover.
The pledges came as Nippon Steel unveiled details of how the Pittsburgh-based company will run U.S. Steel after completing an expected deal that has drawn opposition from unions and U.S. President Joe Biden as well as Democratic and Republican candidates seeking to replace him. o: Kamala Harris and Donald Trump.