Newly released official data regarding investment reviews by the Committee on Foreign Investment in the U.S. (CFIUS) for calendar year 2019 show that the Committee investigated fewer transactions and caused fewer deals to be abandoned, despite receiving more filings by deal parties than in previous years.
The increase in filings, which was expected to occur, came as a result of the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) critical technology pilot program, under which 94 short-form declarations were filed last year.
Steady Notices, Fewer Investigations, Fewer Deals Abandoned
A new Annual Report to Congress for calendar year ...
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