By Yuka Obayashi and Noriyuki Hirata TOKYO (Reuters) -Nippon Steel shares rose on Monday after U.S. President Donald Trump approved its $14.9 billion bid for U.S. Steel, clearing a key hurdle in its 18-month pursuit and securing access to a vital market for its growth strategy.

Nippon Steel Corp. secured its much-wanted prize late last week when President Donald Trump approved the $14.1 billion purchase of United States Steel Corp.

“This partnership will bring a massive investment that will support our communities and families for generations to come,” the statement said.