Trends and Updates in the CFIUS Space
2018 is shaping up as a potential watershed year for the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”). Within the first two weeks of the new year, CFIUS was the subject (or a significant topic) of two separate Congressional hearings and made headlines for declining to approve yet another significant China-based transaction, Ant Financial’s proposed acquisition of MoneyGram. Additional hearings are imminent and we predict that some form of CFIUS reform legislation will be enacted before the 2018 mid-term elections.
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