Loading...
Loading...
Browse all stories on DeepNewz
VisitOutcome of Nippon Steel and U.S. Steel merger by end of 2025?
Merger completed • 25%
Merger blocked • 25%
Merger abandoned by companies • 25%
Ongoing legal proceedings • 25%
Official announcements from Nippon Steel, U.S. Steel, regulatory agencies, or court rulings
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.
View original story
Deal Approved • 25%
Deal Withdrawn by Nippon Steel • 25%
Deal Blocked by CFIUS • 25%
Deal Blocked by Biden • 25%
Acquisition completed • 25%
Acquisition delayed again • 25%
Acquisition blocked permanently • 25%
Acquisition abandoned • 25%
Blocked by U.S. government • 25%
Deal withdrawn by Nippon Steel • 25%
Approved • 25%
Other outcome • 25%
Deal blocked by court • 25%
Other outcome • 25%
Deal abandoned by Nippon Steel • 25%
Deal completed • 25%
Blocked • 25%
Withdrawn by Nippon Steel • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Postponed • 25%
Rejected • 25%
Approved without conditions • 25%
Blocked by U.S. government • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Withdrawn by Nippon Steel • 25%
Blocked by CFIUS • 25%
Approved • 25%
Withdrawn by Nippon Steel • 25%
Other outcome • 25%
Unclear Impact • 25%
Positive Impact • 25%
Negative Impact • 25%
No Significant Change • 25%
Market conditions • 25%
Regulatory approval • 25%
Legal victory • 25%
Political pressure • 25%