Market
What will be the response from major stakeholders to Biden's decision on the Nippon Steel acquisition within one month?
2
Resolution / Starting Odds
Supportive • 25%
Opposed • 25%
Mixed Reactions • 25%
No Comment • 25%
Statements from stakeholders or news reports
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.
View original story
Similar markets
Mixed • 25%
Indifferent • 25%
Mostly Positive • 25%
Mostly Negative • 25%
Positive • 33%
Neutral • 34%
Negative • 33%
Rejected • 25%
Decision delayed • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Approved • 33%
Rejected • 33%
Postponed • 34%
Conditional Approval • 34%
Approval • 33%
Rejection • 33%
Decision Delayed • 34%
Bid Blocked • 33%
Bid Approved • 33%
No significant response • 25%
Seek negotiations • 25%
Formal diplomatic protest • 25%
Economic retaliatory measures • 25%
No • 50%
Yes • 50%
Nippon Steel challenges decision • 25%
Joint statement for reconsideration • 25%
No significant reaction • 25%
U.S. Steel seeks other buyers • 25%
Block • 50%
No • 50%
Yes • 50%
Approve • 50%