Loading...
Market
Outcome of Nippon Steel-U.S. Steel deal by June 18, 2025?
2
Resolution / Starting Odds
Deal completed • 25%
Deal blocked by court • 25%
Deal abandoned by Nippon Steel • 25%
Other outcome • 25%
Official announcements from Nippon Steel, U.S. Steel, or the U.S. government
Story
Biden Delays $14.9 Billion Nippon Steel-U.S. Steel Deal Enforcement to June 18, 2025
Jan 12, 2025, 03:12 AM
The Biden administration has delayed the enforcement of an executive order that required Nippon Steel to abandon its $14.9 billion bid for U.S. Steel. The delay, extending the deadline from February 2 to June 18, 2025, was granted by the Committee on Foreign Investment in the United States (CFIUS) following a request from Nippon Steel and U.S. Steel. This extension allows the courts more time to review a legal challenge filed by the companies against President Biden's order, which blocked the acquisition on national security grounds. Both companies expressed their intent to continue pursuing the completion of the transaction, emphasizing its importance for the future of the American steel industry and all stakeholders.
View original story
Similar markets
Acquisition Delayed • 25%
Acquisition Completed • 25%
Settlement Reached • 25%
Acquisition Blocked • 25%
Acquisition completed • 25%
Acquisition abandoned • 25%
Acquisition delayed again • 25%
Acquisition blocked permanently • 25%
Withdrawn by Nippon Steel • 25%
Approved • 25%
Blocked by CFIUS • 25%
Other outcome • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Blocked by U.S. government • 25%
Withdrawn by Nippon Steel • 25%
Withdrawn by Nippon Steel • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Blocked • 25%
Rejected • 25%
Postponed • 25%
Approved with conditions • 25%
Approved without conditions • 25%
Deal Withdrawn by Nippon Steel • 25%
Deal Approved • 25%
Deal Blocked by Biden • 25%
Deal Blocked by CFIUS • 25%
Regulatory approval • 25%
Regulatory denial • 25%
Negotiation breakdown • 25%
Market conditions • 25%