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JD Supra: Proposed Rule May Soon Give CFIUS More Bite for Failing to Make Mandatory Filings
JD Supra· 21 hours agoOn Thursday, April 11, 2024, the U.S. Department of the Treasury issued a Notice of Proposed Rulemaking aimed at increasing the penalty and enforcement ...
Foreign Purchase of U.S. Ammo Maker Sparks National-Security Battle
The Wall Street Journal· 1 day agoS., or Cfius, which is reviewing the purchase. They have said that the CSG deal would give the...
JD Supra: CFIUS’ Proposed Rules Enhance its Enforcement Authority
JD Supra· 6 days agoThe U.S. Department of Treasury (“Treasury”), which is Chair of the Committee on Foreign Investment in the United States (“CFIUS” or ...
CFIUS Proposes Rule to Strengthen Its Monitoring and Enforcement Authorities | JD Supra
JD Supra· 6 days agoIf enacted, this rule would be the first substantive update to the mitigation and enforcement provisions of the CFIUS regulations since their overhaul in 2018 and 2020. < ...
Biden Administration Unwinds Chinese Real Estate Investment Near Military Base | JD Supra
JD Supra· 1 day agoThe Biden Administration recently issued a historic Executive Order (the “Order,” available here) unwinding the purchase by an entity backed by Chinese nationals of U.< ...
Nokia finalizes Fenix Group buyout to boost U.S. defense offerings By Investing.com
Investing.com· 21 hours agoThis acquisition is seen as a significant step in Nokia's U.S. strategy, following a thorough review...
Cleveland-Cliffs refutes U.S. Steel Board claims on deal By Investing.com
Investing.com· 2 days agoCleveland-Cliffs Inc. (NYSE: NYSE:CLF) responded to what it considers inaccuracies in statements...
President Biden Orders Chinese-Owned Firm to Divest Property Near Missile Base in Wyoming | JD Supra
JD Supra· 6 days agoThe order is the first-ever presidential order blocking a transaction involving real estate, and just the ninth ever public presidential order stemming from a referral from the Committee on ...
Nokia completes acquisition of Fenix for defense expertise
Converge! Network Digest· 1 day agoNokia completes acquisition of Fenix Group, enhancing defense sector capabilities with advanced tactical communications solutions. Key milestone in U.S. strategy.
Nippon Steel boosts effort to woo U.S. Steel workers, politicians
Crain's Cleveland Business· 3 days agoThe Japanese company confirmed a U.S. visit, but declined to comment on details. Nippon Steel agreed to buy US Steel in December, but opposition from the ...