Market
What will be the economic impact of Nippon Steel's acquisition of U.S. Steel if approved by end of 2025?
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Resolution / Starting Odds
Positive Impact • 25%
Negative Impact • 25%
No Significant Change • 25%
Unclear Impact • 25%
Economic reports or analysis from credible financial institutions
Story
Biden to Decide on Nippon Steel's $15 Billion Acquisition of U.S. Steel in 15 Days After CFIUS Deadlock
Dec 24, 2024, 02:58 AM
The Committee on Foreign Investment in the United States (CFIUS) has failed to reach a consensus regarding Nippon Steel's proposed $15 billion acquisition of U.S. Steel, citing national security concerns. This deadlock has resulted in the decision being referred to President Joe Biden, who has historically opposed the deal. The president is expected to make a ruling within 15 days. Nippon Steel has expressed confidence that the acquisition will be approved if its merits are fairly evaluated. The situation has drawn attention from various stakeholders, including local officials who argue that the deal is crucial for economic stability. The outcome remains uncertain as Biden's administration weighs the implications of the acquisition against national security considerations.
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Yes • 50%
No • 50%
Deal Approved • 25%
Deal Blocked by CFIUS • 25%
Deal Withdrawn by Nippon Steel • 25%
Deal Blocked by Biden • 25%
Merger completed • 25%
Ongoing legal proceedings • 25%
Merger abandoned by companies • 25%
Merger blocked • 25%
Strained U.S.-China relations • 25%
Improved U.S.-Japan relations • 25%
Other impacts • 25%
No significant change • 25%
Approved • 25%
Blocked by U.S. government • 25%
Deal withdrawn by Nippon Steel • 25%
Other outcome • 25%
Acquisition modified • 25%
Acquisition delayed • 25%
Acquisition blocked • 25%
Acquisition completed as planned • 25%
Approved with conditions • 25%
Withdrawn by Nippon Steel • 25%
Blocked • 25%
Approved without conditions • 25%
Approved without conditions • 25%
Rejected • 25%
Postponed • 25%
Approved with conditions • 25%
Acquisition abandoned • 25%
Acquisition blocked permanently • 25%
Acquisition delayed again • 25%
Acquisition completed • 25%
Yes • 50%
No • 50%
Increase in investments • 25%
No significant change • 25%
Decrease in investments • 25%
Uncertain • 25%
Cleveland-Cliffs • 25%
Nippon Steel • 25%
US Steel • 25%
Other stakeholders • 25%