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What will be the ownership structure of U.S. Steel by end of 2025?
3
Resolution / Starting Odds
Remains independent • 25%
Acquired by a U.S. company • 25%
Acquired by a foreign company • 25%
Other • 25%
Official announcements from U.S. Steel or SEC filings
Story
President Biden Blocks Nippon Steel's $14.9 Billion U.S. Steel Deal Over National Security Concerns
Jan 3, 2025, 08:10 AM
President Joe Biden has officially blocked the proposed $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns. The decision, announced on Friday, fulfills Biden's pledge to keep U.S. Steel domestically owned and operated by American union steelworkers. The move comes after months of deliberation and opposition from the United Steelworkers union, which criticized Nippon Steel's proposals as insufficient and lacking commitments to maintain future production. Nippon Steel had attempted to address concerns by offering to grant the U.S. government veto power over reductions in U.S. Steel's production capacity. However, the administration concluded that foreign ownership of the iconic American steelmaker posed a risk to national security. The decision may strain economic relations between the United States and Japan, raising questions about the future of U.S. Steel and potential legal challenges from Nippon Steel.
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Acquired by Foreign Entity • 25%
Remains Independent • 25%
Acquired by Domestic Entity • 25%
Other • 25%
Owned by Nippon Steel • 25%
Acquired by another foreign entity • 25%
Acquired by another U.S. entity • 25%
Remains independent • 25%
Another foreign entity • 25%
Nippon Steel • 25%
Remains independent • 25%
Another U.S. entity • 25%
No acquisition • 25%
Nippon Steel • 25%
Another foreign company • 25%
A U.S. company • 25%
Other strategic direction • 25%
Seek another merger/acquisition • 25%
Focus on domestic expansion • 25%
Undergo restructuring • 25%
Focuses on domestic growth • 25%
Seeks another foreign investor • 25%
Merges with another U.S. company • 25%
Undergoes restructuring • 25%
Status quo • 25%
Decreased profitability • 25%
Increased profitability • 25%
Significant restructuring • 25%
Approved • 25%
Deal withdrawn by Nippon Steel • 25%
Other outcome • 25%
Blocked by U.S. government • 25%
Partnership with another company • 25%
Seek another buyer • 25%
Focus on internal growth • 25%
Other • 25%