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Market Chatter: United States Steel, Nippon Steel Merger Deal Seeks More Time With Litigation Pause Extension
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Market Chatter: United States Steel, Nippon Steel Merger Deal Seeks More Time With Litigation Pause Extension
Jun 6, 2025 4:50 AM

07:35 AM EDT, 06/06/2025 (MT Newswires) -- United States Steel's ( X ) potential $14.9 billion takeover deal with Nippon Steel is being given more time as the Japanese firm and the Trump administration asked a US appeals court to extend a pause in their litigation for eight days, Reuters reported Thursday.

The court is expected to approve an extension of the pause, according to the report. The pause was first granted on April 7 and expired on June 5.

United States Steel ( X ), Nippon Steel and the White House did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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