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Update: United States Steel, Nippon Steel Merger Deal Seeks More Time With Litigation Pause Extension
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Update: United States Steel, Nippon Steel Merger Deal Seeks More Time With Litigation Pause Extension
Jun 6, 2025 6:23 AM

09:04 AM EDT, 06/06/2025 (MT Newswires) -- (Updates with U.S. Steel's regulatory filing throughout.)

United States Steel ( X ) said in a regulatory filing Friday that its potential $14.9 billion takeover by Nippon Steel is being given more time as the Japanese steelmaker and the Trump administration asked a US appeals court to extend a pause in their litigation for eight days.

The filing with the Securities and Exchange Commission said that on Thursday, the Justice Department filed a motion to further extend the litigation over the merger until June 13 "in light of the ongoing discussions between the company, Nippon Steel, and the US government.

The company said it and Nippon Steel agreed to the motion.

The court is expected to approve an extension of the pause, according to Reuters. 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.

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