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Foreign Investment Acquisitions

White & Case LLP

CFIUS 2024 Annual Report Key Takeaways

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The Committee on Foreign Investment in the United States (CFIUS or the Committee) recently published its Annual Report to Congress covering calendar year 2024 (the Report). In many respects, the data within the Report mirrors...more

Cozen O'Connor

Continuing Trends & New Developments: CFIUS Releases 2024 Report to Congress

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The Committee on Foreign Investment in the United States (CFIUS) recently published its 2024 Calendar Year Annual Report, which illustrates recent and historical trends relating to CFIUS’s review of investments in U.S....more

McDermott Will & Schulte

UK Reforms National Security and Investment Regime: Streamlining or Expansion?

On 22 July 2025, the UK Government announced a set of targeted reforms to the National Security and Investment Act 2021 (NSI Act) and launched a consultation into proposed further changes. Alongside the reforms, the 2024-25...more

White & Case LLP

French FDI Review: Increased Scrutiny Amid Heightened Geopolitical Tensions

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While France remains a top destination of foreign investments in Europe, the 2024 annual report published by French foreign direct investment (FDI) authorities shows increased scrutiny of investments in French strategic...more

ArentFox Schiff

Trouble in the Solar System: CFIUS Blocks Jupiter Acquisition Five Years After the Fact

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The Committee on Foreign Investment in the United States (CFIUS) is back in the spotlight....more

Wilson Sonsini Goodrich & Rosati

Jupiter in Retrograde: Executive Order Blocks Transaction by Chinese Company

On July 11, 2025, President Trump took the unusual—but no longer rare—step of issuing a divestment order (the Order) on the basis of a recommendation from the Committee on Foreign Investment in the United States (CFIUS). The...more

Mayer Brown

The Year in Review: UK Foreign Direct Investment Regime Set for Reform

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On 22 July 2025, the UK Government published its fourth Annual Report on the operation of the National Security and Investment Act 2021 (NSIA). On the same day, the Labour administration unveiled proposals to reform the NSIA...more

Akin Gump Strauss Hauer & Feld LLP

UK Government Consults on Expanding NSIA Mandatory Regime to Include Water Sector and Streamlining Changes

On 22 July 2025, the UK government launched a long-awaited consultation on proposed amendments to the National Security and Investment Act 2021 (NSIA) Notifiable Acquisition Regulations (NARs). The consultation seeks to...more

Morgan Lewis

Sovereign Wealth Funds in the Sports Arena

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Over the last decade, sovereign wealth funds (SWFs) have emerged as influential and active players across a range of global asset classes. Most recently, the spotlight has turned to an unlikely but increasingly strategic...more

Miles & Stockbridge P.C.

A Golden Share and an Order to Unwind: Early Lessons in CFIUS from the New Administration

On July 8, 2025, President Trump issued an order to unwind the acquisition of Jupiter Systems, Inc., a U.S. company, by Hong Kong-based Suirui International Co., Ltd., a subsidiary of China’s Suirui Group (collectively...more

A&O Shearman

UK National Security and Investment Act: reducing red tape?

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The UK government has published its latest annual report on the functioning of the UK’s investment screening regime under the National Security and Investment Act 2021 (NSIA) as well as announcing its intention to reduce...more

Hogan Lovells

UK national (in)security? More NSIA notifications, increased ministerial focus on growth and inward investment, and a consultation...

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In what was a busy week for the centre of Government in the UK, the Cabinet Office launched a consultation on proposed changes to the scope of the sectors subject to mandatory notification under the National Security and...more

White & Case LLP

Poland makes FDI screening regime permanent and shifts oversight to the Ministry of Finance and Economy

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Poland's foreign direct investment ("FDI") screening regime, originally introduced in 2020 for a 24-month period and subsequently extended for an additional 60 months (i.e. until 24 July 2025), established a mechanism for...more

Latham & Watkins LLP

LathamTECH in Focus: Tech Deals: The Emerging Focus of FDI Regulators?

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In this episode of LathamTECH in Focus, Silicon Valley partner Tessa Bernhardt examines the global expansion of foreign direct investment statutes, discusses where she is seeing heightened regulatory activity and offers...more

Latham & Watkins LLP

LathamTECH in Focus: Navigating National Security: The Impact of FDI Reviews on Tech M&A

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In this episode of LathamTECH in Focus, Silicon Valley partner Tessa Bernhardt examines the global scrutiny on tech M&A deals involving advanced technologies like AI, highlighting how the intersection of highly regulated...more

Holland & Knight LLP

Suirui International Ordered to Divest from Jupiter Systems

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President Donald Trump issued a presidential order (the Order) on July 8, 2025, retroactively prohibiting the acquisition of Jupiter Systems LLC, a Delaware limited liability company, by Suirui International Co. Ltd., a Hong...more

Vinson & Elkins LLP

President Trump Orders Divestment of Jupiter Systems, Citing National Security Concerns

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On July 8th, 2025, President Trump issued an order (the “Order”) forcing divestment of U.S.-based Jupiter Systems (“Jupiter”) by its China-based parent company, Suirui Group Co., Ltd. (“Suirui”), more than five years after...more

Bennett Jones LLP

Canada’s Q2 2025 M&A Landscape

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The total number of Canadian M&A deals declined in the second quarter of 2025 as tariff disruption and uncertainty hampered dealmaking activity. However, the overall value of announced Canadian deals was up considerably in...more

Fenwick & West LLP

And Then There Were 10: Trump Admin Unwinds Suirui Group Co.’s Acquisition of Jupiter Systems

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On July 11, 2025, the Trump administration published an order forcing Suirui International Co., Limited—a Hong Kong company that is majority owned by Suirui Group Co., Ltd., a People’s Republic of China company—to unwind its...more

Wiley Rein LLP

President Trump Issues CFIUS Divestment Order of Chinese-owned Jupiter Systems Due to National Security Risk

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President Trump signed a Presidential decision last week ordering Suirui Group Co., Ltd., a Chinese company, and its Hong Kong-based subsidiary Suirui International Co., Limited (together, Suirui) to divest within 120 days...more

Mayer Brown

President Trump Orders Suirui to Divest of Jupiter Systems, Citing National Security Risk Identified by CFIUS

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On July 11, 2025, the Trump Administration published an Order entitled “Regarding the Acquisition of Jupiter Systems, LLC by Suirui International Co., Limited” (dated July 8, 2025). This Order prohibits the February 2020...more

Bass, Berry & Sims PLC

CFIUS and President Trump Force Unwinding of 2020 Acquisition of Jupiter Systems, LLC

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On July 11, the Trump administration issued an order blocking and requiring the unwinding of a 2020 acquisition by which Jupiter Systems, LLC (Jupiter), a U.S.-based audiovisual equipment supplier, was acquired by Suirui...more

A&O Shearman

Global M&A Insights: Lateral thinking in fast-moving markets

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How are dealmakers responding to an uncertain and volatile macro environment? Our latest M&A Insights report offers a global perspective on the forces shaping M&A activity, from the rising interest in the European defense...more

White & Case LLP

Two years of the EU Foreign Subsidies Regulation – what dealmakers need to know

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Two years ago, the FSR arrived as the new kid on the block in Brussels. Today, it is one of the EU's sharpest enforcement tools, and one that is only gaining prominence as geopolitical tensions reshape global investment and...more

Pillsbury - Global Trade & Sanctions Law

UK Investment Screening Regime: Still Expecting Amendments

On 23 June 2025, the UK government published its new Modern Industrial Strategy document (the “IS Document”), outlining the government’s current strategies for UK economic growth. The policy paper focuses on eight priority...more

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