Last week, President Trump issued an Executive Order prohibiting the acquisition of Lattice Semiconductor Corporation (Lattice), a US computer chip manufacturer, by a Chinese investor. The president’s order blocking the transaction was based on a recommendation by the Committee on Foreign Investment in the United States (CFIUS), an interagency committee of the US government with jurisdiction to review foreign investments in US businesses for national security concerns. During its review of the Lattice transaction, CFIUS identified unresolved national security concerns, which the President determined threatened to impair US national security.
- Posted in: Deal Litigation
- Tagged in: Asia, Regulatory
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