On April 11, 2024, the Committee on Foreign Investment in the United States (CFIUS), a multi-agency committee administered by the U.S. Treasury Department, released a proposed rule (“Proposed Rule”) to amend the CFIUS regulations.[1] The Proposed Rule seeks “to enhance the Committee’s identification and resolution of national security risks” by expanding the scope of information … Continue Reading
Status: Mitigation Acquirer: Anbang Insurance Group Co. (China) Acquired: Strategic Hotels & Resorts Inc. (U.S.); Blackstone Group LP (U.S.) Value: Pre-mitigation, approx. US$6.5 Billion Industry: Hospitality In March 2016, news reports indicated that China’s Anbang Insurance Group Co. announced its intent to buy Strategic Hotels & Resorts Inc., the owner of 16 luxury … Continue Reading
