Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an “investment” and his pledge not to allow it to buy a controlling stake.

Nippon Steel's president reaffirms commitment to U.S. Steel acquisition, seeking Trump's approval despite his preference for investment only.

Large capital expenditures would be possible only if the Japanese company could invest in equity, Nippon Steel’s chief operating officer said.

Nippon Steel's top executive said Tuesday the Japanese company will stick with its proposed $14.1 billion takeover of U.S. Steel, despite President Donald Trump backing an investment and the possibility of tariffs.

Nippon Steel plans to meet with federal officials to work out a solution to the U.S. Steel takeover, and will use the existing merger agreement as a starting point in negotiations. The Japanese steelmaker’s chief operating officer,

Nippon Steel President Tadashi Imai announced that discussions with the U.S. Department of Commerce will soon begin as the Japanese steelmaker seeks to revive its bid for U.S. Steel. The previous $14.

Union alleges the company "initiated a coordinated attack, attempting to ... undercut our collective power by turning us against each other.”

Ancora urges U.S. Steel to delay annual meeting until after Nippon Steel acquisition deadline, citing need for clarity on the deal's future.