Market
What strategic actions will Nippon Steel take following Biden's decision by June 30, 2025?
2
Resolution / Starting Odds
Increase investment in the U.S. • 25%
Seek alternative acquisitions • 25%
Withdraw from U.S. market • 25%
Other strategic actions • 25%
Company press releases and industry reports
Story
Biden to Decide on CFIUS Deadlock Over Nippon Steel's $15 Billion Acquisition of U.S. Steel Within 15 Days
Dec 24, 2024, 01:58 AM
The Committee on Foreign Investment in the United States (CFIUS) has failed to reach a consensus regarding Nippon Steel's proposed acquisition of U.S. Steel, valued at nearly $15 billion. This deadlock has resulted in the decision being referred to President Joe Biden, who has historically opposed the deal. Biden is expected to make a ruling within 15 days. The lack of agreement among CFIUS members centers on national security concerns related to the acquisition. Nippon Steel has expressed confidence that if the benefits of the deal are fairly evaluated, it would receive approval. The company has not received any updates from CFIUS regarding the review status. The situation has drawn attention due to the potential implications for U.S. steel production and international relations, particularly with China, which is perceived to have an interest in the outcome of the acquisition.
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Similar markets
Other • 25%
Negotiation for a new deal • 25%
Legal action • 25%
Withdrawal from U.S. market • 25%
Pursue alternative acquisition • 25%
Negotiation with U.S. government • 25%
Legal action against U.S. • 25%
Abandon acquisition plans • 25%
Bid Blocked • 33%
Decision Delayed • 34%
Bid Approved • 33%
Political motivations • 25%
National security concerns • 25%
Economic impact • 25%
Other • 25%
Pursue new U.S. acquisition • 25%
Other strategic shift • 25%
Diversify into new sectors • 25%
Focus on Asia-Pacific • 25%
Legal Challenge • 25%
Negotiation for Terms • 25%
Other • 25%
Abandonment of Deal • 25%
Pursue legal action • 25%
Propose revised terms • 25%
Abandon acquisition plans • 25%
Seek alternative partnerships • 25%
Positive • 33%
Neutral • 34%
Negative • 33%
Approved • 33%
Postponed • 34%
Rejected • 33%
Approval • 33%
Conditional Approval • 34%
Rejection • 33%
Rejected • 33%
Conditional Approval • 34%
No Decision • 25%
Approval with conditions • 25%
Approval without conditions • 25%
Approved • 33%
Decision postponed • 25%
Rejection • 25%