Topic: Foreign direct investment

Senator urges CFIUS to guard against Chinese takeover of SVB

The US foreign investment review body must ensure that assets from Silicon Valley Bank and Signature Bank do not end up “in the hands of hostile” states, a top Republican on the Senate Intelligence Committee has said.

20 March 2023

CFIUS: TikTok must split from ByteDance or face total ban

The Committee on Foreign Investment in the United States has reportedly told TikTok that it risks a total ban in the US if it does not spin-off from its Chinese owners, drawing a sharp rebuke from Beijing.

17 March 2023

TikTok open to “last resort” ByteDance divorce to resolve national security concerns

TikTok is reportedly willing to split with its Chinese parent company ByteDance if a current proposal before the Committee on Foreign Investment in the United States fails to resolve national security concerns.

15 March 2023

Blair group slams UK foreign investment regime

The foreign investment control regime that the UK government established last year is “vague” and puts the country’s security at risk, an advisory organisation set up by former prime minister Tony Blair has claimed.

14 March 2023

EU in “unchartered territory” with new foreign subsidy law, Vestager says

The EU’s competition commissioner has said “there may be a hiccup or two” in the implementation of the bloc’s new foreign subsidies regulation, stating certain aspects of the new law place the agency in “unchartered territory”.

06 March 2023

Slovakian foreign investment regime goes live

Slovakia’s new foreign investment review regime has taken effect, requiring the country’s economics ministry to sign off on all investments from outside the EU into several “critical” domestic markets.

02 March 2023

Australia blocks China-linked fund from increasing mining investment

The Australian government has blocked a Chinese national’s Singapore-based investment fund from increasing its stake in a domestic rare earths mining company on “national interest” grounds.

01 March 2023

UK conditionally clears private equity acquisition of MoD supplier

The UK government has conditionally approved the acquisition of a domestic engineering company by a US private equity firm after it promised to continue supplying the Ministry of Defence.

28 February 2023

Bill to create first state-level CFIUS body fails in South Dakota

South Dakota’s Senate has rejected a bill that would have created the country's first state-level foreign investment review body with the power to scrutinise transactions based on national security concerns.

22 February 2023

UK’s national security law complicates distress restructurings, lawyers say

The UK’s foreign investment review regime has presented an additional hurdle for companies that run into financial difficulties and must navigate distress situations, several local lawyers have said.

16 February 2023

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