CFIUS Update: CITIC Capital Acquisition Corp. and Quanergy Systems, Inc. By Trade Practitioner on August 25, 2021 Posted in Artificial Intelligence, Autonomous Driving, CFIUS Case Summaries, Foreign Investment Reviews, Internet of Things, Not a Covered Transaction Status: Mitigation; Clearance Acquirer: CITIC Capital Acquisition Corp. (Cayman Islands) Acquired: Quanergy Systems, Inc. (US) Value: US$1.4 billion Industry: Autonomous Vehicles; Artificial Intelligence; Internet of Things… Continue Reading
