Nippon Steel’s $14 billion US Steel deal raises investor concerns over financing, control via golden share, and high acquisition premium.

United States Steel shares rose in premarket trading on Monday after receiving approval from the Trump administration to be sold to Japan's Nippon Steel in a $14.1 billion deal. Shares rose 5% to $54.81.

The partnership between US Steel Corp and Nippon Steel Corp has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called “golden share” advantage obtained by US President Donald Trump’s administration.

There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.

There are reports that Nippon will spend billions of dollars on U.S. Steel facilities in Pennsylvania, Alabama, Arkansas, Minnesota and Indiana.