Market
Nippon Steel and U.S. Steel merger completed by June 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Nippon Steel, U.S. Steel, or regulatory agencies
Story
Biden Administration Delays Enforcement of Order Blocking $14.9 Billion Nippon Steel, U.S. Steel Merger Until June
Jan 12, 2025, 03:16 AM
The Biden administration has postponed the enforcement of an executive order that would have required Nippon Steel to abandon its $14.9 billion merger bid for U.S. Steel. The decision provides both companies with additional time as courts review their legal challenge against the order. Initially, the order mandated that the companies scrap the deal within 30 days, but the enforcement will now be delayed until June, allowing for further legal proceedings.
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Similar markets
Deal completed • 25%
Deal blocked by court • 25%
Deal abandoned by Nippon Steel • 25%
Other outcome • 25%
Acquisition abandoned • 25%
Acquisition delayed again • 25%
Acquisition blocked permanently • 25%
Acquisition completed • 25%
Blocked by CFIUS • 25%
Other outcome • 25%
Approved • 25%
Withdrawn by Nippon Steel • 25%
Withdrawn by Nippon Steel • 25%
Blocked by U.S. government • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Yes • 50%
No • 50%
Blocked • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Withdrawn by Nippon Steel • 25%
Acquisition Blocked • 25%
Settlement Reached • 25%
Acquisition Completed • 25%
Acquisition Delayed • 25%