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Cifius

29.05.20181

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We may be certain of things like well-intentioned gym memberships and a host of new-you products. Congress enacted to enable the President to review foreign investments, in the form of Exon-Florio Amendment.

Cifius


If the latter is chosen, the committee has another 45 days to decide whether to permit the acquisition or order divestment. The bill would give the CFIUS agency new authority to suspend transactions, impose conditions pending review, and implement mitigation agreements even where the transaction has been abandoned. Yet all of the body language here is 'go away.

Cifius

Cifius

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Comments (1)

  1. Those hurdles include the expansion of CFIUS jurisdiction with a catchall built in for transactions designed to avoid CFIUS review, targeting countries for review, adding analysis factors, increasing the review period, expanding presidential authority, and adding mitigation tools including some even where the transaction has been abandoned.

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