CFIUS Update: CITIC Capital Acquisition Corp. and Quanergy Systems, Inc.

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

CFIUS Deal Abandoned, Presidential Order: Broadcom and Qualcomm

By Trade Practitioner on March 17, 2018 Posted in Abandoned, CFIUS Case Summaries, East Asia & the Pacific, Presidential Order, Semiconductors, Telecommunications, US

Status: Presidential Order; Abandoned Acquirer: Broadcom Limited (Singapore) Acquired: Qualcomm Incorporated (US) Value: US$117 Billion Industry: Semiconductors; Telecommunications… Continue Reading

CFIUS Filing Update: Renesas Electronics Corp. and Intersil Corp.

By Trade Practitioner on February 22, 2017 Posted in CFIUS Case Summaries, Clearance, Foreign Investment Reviews, Semiconductors

Status Update: Clearance Acquirer: Renesas Electronics Corp. (Japan) Acquired: Intersil Corp. (U.S.) Value: Approx. US$3.22 Billion Industry: Semiconductors UPDATE: On February 21, 2017, Intersil Corporation issued a press release stating that, in relation to its pending acquisition by Renesas Electronics Corporation, the parties “received notification by the Committee on Foreign Investment in the United States … Continue Reading