Home - Blank Rome LLP

Register to receive insights and analyses on breaking news and trends across varying industries.
<a class="link-primary mt-4" href="/subscribe">Subscribe</a>

Philadelphia, PA

New York, NY

Wilmington, DE

Cincinnati, OH

Princeton, NJ

Los Angeles, CA

Houston, TX

Tampa, FL

Shanghai

South Florida

Pittsburgh, PA

Washington, D.C.

Chicago, IL

Orange County, CA

Dallas, TX

Boston, MA

Dealmakers are concerned that President Donald Trump has set a dangerous precedent for politically sensitive tie-ups by taking a “golden share” in US Steel as a condition for approving its takeover by Japan’s Nippon Steel.

core/paragraph

Still,&nbsp;Anthony Rapa, a Washington-based partner and co-chair of the international trade practice at Blank Rome, said&nbsp;it seemed “reasonably likely that the use of a ‘golden share’ mechanism will be reserved only for more sensitive or complex cases”.

But&nbsp;he cautioned&nbsp;that “it could be the case that the Trump Administration will make more use of this tool in order to drive outcomes consistent with its ‘America First’ investment policy”.

To read the full article, please click&nbsp;<a href="https://www.ft.com/content/befd763d-aa3a-4bac-a504-62e94bc384d7">here</a>&nbsp;(subscription required).

"Dealmakers Fear Trump Has Set Precedent with ‘Golden Share’ in US Steel," by Harry Dempsey was published in&nbsp;<a href="https://www.ft.com/content/befd763d-aa3a-4bac-a504-62e94bc384d7">Financial Times</a>&nbsp;on June 18, 2025.

Dealmakers Fear Trump Has Set Precedent with ‘Golden Share’ in US Steel

Offices

Stay Connected

Slide Menu

Slide Search

Dealmakers Fear Trump Has Set Precedent with ‘Golden Share’ in US Steel

Offices

Stay Connected