Nippon Steel said it may issue stock to finance the acquisition case in the United States.

Gate News bot message, Takahiro Mori, Vice Chairman of Nippon Steel Corporation, stated on Thursday that the company may issue stocks to fund its $14.1 billion acquisition of United States Steel Corporation and related investment commitments.

Speaking to reporters in Tokyo, Takahiro said: "We do not rule out investing in U.S. Steel in the form of equity. He also mentioned that the company will try to avoid proposals that could dilute existing shareholders’ equity, but did not disclose further details.

Late last week, the acquisition by this Japanese company received approval from the White House, as U.S. President Trump confirmed he would approve the deal, but some concessions were required, including providing the U.S. government with what is known as a “golden share.”