And several other technology deals fell apart, after CFIUS
is overloaded and takes a long time to rule on deals, Scissors said.
has approved almost all proposed Chinese investments but a handful of high-profile rejections have made potential Chinese investors skittish.
Procedures: Attracting Inward Investment While Avoiding National Security Threats
Syngenta's share price has significantly lagged ChemChina's offer amid concerns that the deal would get through CFIUS
In a two-hour live Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will provide the audience with an in depth review and discussion of the recent updates and the latest trends and insights with regards to foreign investments under CFIUS
and FINSA in 2016.
7) The statute authorizes the President, acting through CFIUS
is an interagency committee meant to review and approve mergers and acquisitions of companies that have a relation, however tangential, to national security.
In a press statement last week, Stabenow said the "private and secretive" nature of the CFIUS
review process of foreign acquisitions raises serious questions about what factors are taken into consideration when undergoing evaluation.
It's kind of the perfect storm of issues," said Anne Salladin, a former Treasury Department official who worked on CFIUS
reviews and is now at Stroock & Stroock & Lavan in Washington.
In addition, anecdotal evidence seemed to indicate that the CFIUS
process was not market neutral.
The United States reviews most investments for national security implications with its Committee on Foreign Investment, chaired by the Department of Treasury, and Ziad Haider, attorney and writer, argues Chinese companies fare better than most would assume: "The volume and sophistication of Chinese firms looking to enter the US market is growing: CFIUS
filings by Chinese investors more than doubled between 2011 and 2012, from ten to 23.