Loading...
Market
Who will own U.S. Steel by the end of 2025?
2
Resolution / Starting Odds
Owned by Nippon Steel • 25%
Remains independent • 25%
Acquired by another foreign entity • 25%
Acquired by another U.S. entity • 25%
Ownership records or official announcements from U.S. Steel or relevant entities
Story
Biden to Decide on Nippon Steel's $14.9 Billion U.S. Steel Acquisition by Friday, Amid CFIUS Review
Jan 3, 2025, 01:21 AM
President Joe Biden is set to announce his decision as early as Friday on whether to approve Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel. The decision comes after extensive discussions with his top advisers and Secretary of State Antony Blinken. Biden has previously expressed opposition to the deal, emphasizing the importance of U.S. Steel remaining an American-owned and operated company. Nippon Steel, in an effort to address concerns, has proposed giving the U.S. government veto power over any changes to U.S. Steel's production capacity. This proposal was a response to recommendations from the Committee on Foreign Investment in the United States (CFIUS), aiming to mitigate fears of reduced domestic steel output and job losses. The acquisition faces a deadline, previously set for January 7, but extended to the first quarter of 2025. U.S. Steel has indicated potential legal action against the Biden administration if the acquisition is blocked.
View original story
Similar markets
Acquired by a U.S. company • 25%
Acquired by a foreign company • 25%
Remains independent • 25%
Other • 25%
Acquired by Foreign Entity • 25%
Remains Independent • 25%
Other • 25%
Acquired by Domestic Entity • 25%
A U.S. company • 25%
No acquisition • 25%
Nippon Steel • 25%
Another foreign company • 25%
Remains independent • 25%
Nippon Steel • 25%
Another foreign entity • 25%
Another U.S. entity • 25%
Status quo • 25%
Increased profitability • 25%
Decreased profitability • 25%
Significant restructuring • 25%
Undergo restructuring • 25%
Focus on domestic expansion • 25%
Seek another merger/acquisition • 25%
Other strategic direction • 25%
Focuses on domestic growth • 25%
Merges with another U.S. company • 25%
Undergoes restructuring • 25%
Seeks another foreign investor • 25%
