Work Area: Foreign investment control

A federal agency tasked with analysing the bilateral relationship between the US and China has recommended closer cooperation between the US Department of Agriculture and the foreign investment control review committee in light of Chinese interest in US agricultural assets.

27 May 2022

The UK government has opened a full national security probe into the proposed sale of the country’s largest semiconductor manufacturer to a Dutch subsidiary of a Chinese company.

26 May 2022

The UK government has directed the Competition and Markets Authority to launch a Phase II investigation into the acquisition of a Welsh nanomaterials manufacturer by a Chinese company on national security grounds.

13 May 2022

Andrea Gomes da Silva, a former senior official at the UK’s Competition and Markets Authority, has joined consultancy group Brunswick as a senior advisor in London and Lisbon.

11 May 2022

The European Parliament, Council and Commission have started negotiations to finalise a legislative proposal that will empower the latter to investigate and take action against market-distorting foreign subsidies.

05 May 2022

John Beahn has joined Milbank as a partner in Washington, DC, where he will focus on matters related to the Committee on Foreign Investment in the United States and foreign direct investment.

05 May 2022

A group of Republican senators have called for a foreign investment review of the proposed sale of semiconductor intellectual property developer OpenFive to a Chinese company backed by a government-affiliated private equity firm.

03 May 2022

The German government has reportedly invalidated the completed sale of domestic ventilator manufacturer Heyer Medical to a Chinese buyer over public safety concerns.

03 May 2022

The UK’s business secretary has agreed to discuss potential remedies with Cobham and its US-based parent company Advent regarding national security concerns in their £2.8 billion takeover of UK nuclear submarine supplier Ultra Electronics.

29 April 2022

An EU parliamentary committee has backed the European Commission’s legislative proposal to tackle anticompetitive foreign subsidies within the bloc, although lawyers are concerned about the wider effects the new legislation could have on international trading partners.

26 April 2022