U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan’s Nippon Steel completed its acquisition of the iconic American industrial name. President Donald Trump has insisted for weeks that the companies would form a “partnership” in which U.

Japanese firm Nippon Steel has completed its long-sought takeover of a smaller American company, after agreeing to yield unusual control to the US government. The $14.9bn (£11bn) purchase of US Steel,

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $1