Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.

President Donald Trump issued an executive order on Friday officially giving the green light to Nippon Steel Corporation's multi-billion-dollar purchase of U.S. Steel Corporation.

President Donald Trump has approved a partnership between US Steel and Nippon Steel, the companies said in a release on Friday.

The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of US Steel

The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.

President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted

The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher.

The structure of a newly proposed United States Steel and Nippon Steel partnership has yet to be unveiled by either company.