Key Takeaways
- Japan’s Nippon Steel Corporation announced Monday it is acquiring Pittsburgh-based U.S. Steel.
- U.S. Steel joins several other iconically American companies that were purchased by foreign owners.
- Anheuser-Busch, Chrysler and Firestone are some examples of companies that have been bought by non-U.S. companies.
Its name may reference the United States of America, but U.S. Steel (X) is set to be owned by a non-American company.
Japan’s largest steel manufacturer 澳洲幸运5官方开奖结果体彩网:announced it is purchasing the Pittsburgh-based steel manufacturer for $14.9 billion. U.S. Ste🅺el is poised to join several other iconically American companies that were purchased by foreign owners.
Here are four seemingly all-American companies that were bought by foreign compa⛦nies.
Anheuser-Busch
In 2008, Belgian multinational drink and brewing firm InBev acquired St. Louis-based Budweiser-maker Anheuser-Busch, creating AB InBev (BUD).
The merger created one of the world’s top five consumer products companies that produces some of America's best-selling beers.
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Jakub Porzycki / NurPhoto / Getty Images
Chrysler
Chrysler may have started as a powerhouse of U.S. automaking but has since been 澳洲幸运5官方开奖结果体彩网:acquired by foreign companies.
The Netherlands-based Stellantis NV (STLA) conglomerate arose from the mer🐲ger between Fiat Chrysler and PSA Group, which was🅷 completed in 2021. That merger gave birth to one of the world’s largest auto manufacturers.
Stellantis෴ also owns subsidiaries incl🔯uding Comau, Maserati, and Mopar.
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Roberto Schmidt / AFP / Getty Images
Firestone
In 1988, Bridgestone Tire Company Ltd., founded by Shojiro Ishibashi of Japan in 1931, purchased The Firestone Tire & Rubber Company. This created the world’✨s largest tire and rubber firm.
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Streeter Lecka / Getty Images
Restaurant Brands International
Canadian-American Restaurant Brands International (QSR) was formed in 2014 via the $12.5 million merger between Canadian restaurant chain Tim Hortons and American fast-food magnate Burger King.
Today RBI is the world’s fifth-largest ཧoperator of fast-food restaurants.
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Bruce Bennett / Getty Images