Loading...
Loading...
Browse all stories on DeepNewz
VisitResolution of Nippon Steel-U.S. Steel deal concerns by Q3 2025?
Deal proceeds • 25%
Deal permanently blocked • 25%
Modified deal terms • 25%
Other resolution • 25%
Statements from Nippon Steel, U.S. Steel, or U.S. government
Japan's Ishiba Urges Biden to Address Concerns Over Blocked $14.9 Billion Nippon Steel-U.S. Steel Deal at Trilateral Summit
Jan 13, 2025, 12:52 AM
Japanese Prime Minister Shigeru Ishiba has expressed concerns to U.S. President Joe Biden regarding the decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel. During a trilateral online summit with Biden and Philippine President Ferdinand Marcos Jr., Ishiba conveyed that the move has raised significant concerns within the Japanese and U.S. business communities about future investments. Ishiba urged the U.S. government to take necessary actions to alleviate these concerns, emphasizing the importance of a robust supply chain and economic security through cooperation between allied nations. The summit also addressed broader issues of maritime and economic security, reaffirming the commitment to strengthen cooperation among Japan, the U.S., and the Philippines.
View original story
Deal abandoned by Nippon Steel • 25%
Other outcome • 25%
Deal blocked by court • 25%
Deal completed • 25%
Regulatory denial • 25%
Negotiation breakdown • 25%
Market conditions • 25%
Regulatory approval • 25%
Acquisition delayed again • 25%
Acquisition blocked permanently • 25%
Acquisition completed • 25%
Acquisition abandoned • 25%
Approved without conditions • 25%
Blocked by U.S. government • 25%
Withdrawn by Nippon Steel • 25%
Approved with conditions • 25%
Merger abandoned by companies • 25%
Ongoing legal proceedings • 25%
Merger blocked • 25%
Merger completed • 25%
Other outcome • 25%
Blocked by CFIUS • 25%
Approved • 25%
Withdrawn by Nippon Steel • 25%
Settlement Reached • 25%
Acquisition Completed • 25%
Acquisition Blocked • 25%
Acquisition Delayed • 25%
Other changes • 25%
More restrictive • 25%
No change • 25%
More lenient • 25%