Doubtful, as the GPU is only about a third as powerful as the 450 that's listed as the minimum on the nVIDIA side. Which unfortunately is a lot less powerful. You can always buy post-launch and try, and use a Steam Refund if it doesn't run acceptably (IIRC you can only do a refund if you've played less than two hours). But if I had to put money on it, I'd say it's too far below to run.
I would say questionable, but perhaps acceptable if you really are okay with minimum settings + resolution. You're in the range of 70% of what they state in hardware resources for GPU, which means it's necessary to expect rather slow graphics, but there's a much better chance of "acceptable" than with the 420M.
I just canceled 25th aniv edition... and will try it first in steam. I have nvidea gt 430 4gb but probably not enough to run it..