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Market
What will be the major stakeholder reactions if Nippon Steel's acquisition is blocked by Jan 15, 2025?
2
Resolution / Starting Odds
Nippon Steel challenges decision • 25%
U.S. Steel seeks other buyers • 25%
No significant reaction • 25%
Joint statement for reconsideration • 25%
Public statements or press releases from stakeholders like U.S. Steel, Nippon Steel, or industry analysts
Story
Nippon Steel's $14.9 Billion Bid for U.S. Steel Faces Block Due to CFIUS National Security Concerns
Dec 18, 2024, 11:10 PM
Nippon Steel Corp.'s proposed $14.9 billion acquisition of U.S. Steel Corp. is set to be blocked by the Biden administration, according to a letter from the Committee on Foreign Investment in the United States (CFIUS) seen by Reuters. Despite multiple meetings and calls with U.S. officials, and three revised proposals to address national security concerns, CFIUS has not reached a consensus on whether Nippon Steel's mitigation measures would effectively resolve the risks to U.S. national security. The letter, dated December 14, indicates that the matter may be referred to President Joe Biden, who has long opposed the deal, for a final decision by the December 23 deadline. The Wall Street Journal's editorial board has urged Trump to support the takeover, suggesting it could 'make U.S. Steel great again.'
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Pursue legal action • 25%
Seek alternative partnerships • 25%
Abandon acquisition plans • 25%
Propose revised terms • 25%
Legal Challenge • 25%
Negotiation for Terms • 25%
Abandonment of Deal • 25%
Other • 25%
Support alternative buyer • 25%
Negotiate with Nippon Steel • 25%
Lobby for policy changes • 25%
No further action • 25%
Yes • 50%
No • 50%
Approved without conditions • 25%
Approved with conditions • 25%
Blocked • 25%
Decision delayed • 25%
Acquisition completed as planned • 25%
Acquisition blocked • 25%
Acquisition modified • 25%
Acquisition delayed • 25%
Approved without conditions • 25%
Approved with conditions • 25%
Rejected • 25%
Withdrawn • 25%
U.S. Department of Commerce • 25%
U.S. Congress • 25%
President Biden • 25%
Other • 25%
Economic impact • 25%
National security • 25%
Technological competitiveness • 25%
Political influence • 25%
Approved • 25%
Rejected • 25%
Conditional Approval • 25%
Withdrawn • 25%