In a significant development, U.S. Senator Marco Rubio has asked for a national security review of General Nutrition Centers plans to sell itself to Harbin Pharmaceutical Group Co Ltd. Rubio made the request in a letter to Treasury Secretary Steven… Read More ›
The CFIUS approval comes in the wake of Deutsche Telekom reviewing its ties with Huawei. T-Mobile is a unit of Deutsche Telekom. In a significant development, T-Mobile US and Sprint Corp have stated they have received the go-ahead from the… Read More ›
Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›
The bipartisan bill will strengthen the reach of CFIUS while strengthening U.S national security and preserving U.S. open investment policy. The Trump Administration has lent its weight to a bipartisan bill making its round in the U.S. Congress, which is… Read More ›
Of late, the U.S. government has focused on the cyber security, data integrity and privacy related angles to a deal before it gives its blessings. The U.S. government has rejected the acquisition bid by Ant Financial, a unit of Alibaba… Read More ›
This merger is likely to be one of the topics of discussion when U.S. President Donald Trump visits China. According to antitrust lawyers, with China itching to get into the semiconductors industry, the potential merger of chipmaker Broadcom Ltd with… Read More ›
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