TikTok and WeChat Targeted by Latest Trump Administration Executive Orders

By Trade Practitioner on August 11, 2020 Posted in Export Controls & Sanctions, Foreign Investment Reviews

On August 6, 2020, President Donald Trump signed two Executive Orders (EOs) targeting the TikTok and WeChat applications and their parent companies. Specifically, President Trump invoked the International Emergency Economic Powers Act (IEEPA) and other related statutes, as well as the national emergency he previously declared under these laws in Executive Order 13873 (Securing the … Continue Reading

CFIUS Mitigation: iCarbonX and PatientsLikeMe Inc

By Trade Practitioner on June 25, 2019 Posted in CFIUS Case Summaries, China, Healthcare, Mitigation, US

Status: Mitigation Acquirer: iCarbonX (China) Acquired: PatientsLikeMe Inc (US) Value: US$100 million Industry: Healthcare… Continue Reading

CFIUS Filing Withdrawn, Deal Abandoned: NavInfo, Tencent, GIC Pte, and HERE International

By Trade Practitioner on October 3, 2017 Posted in CFIUS Case Summaries, China, East Asia & the Pacific, Europe & Central Asia, Foreign Investment Reviews, Software, Technology Services, Withdrawn and Abandoned

Status: Withdrawn and Abandoned Acquirer: NavInfo Co., Ltd., (China); Tencent Holdings Limited (China); GIC Pte (Singapore) Acquired: HERE International B.V. (Netherlands) Value: Unknown, potentially US$330 million Industry: Technology Services; Software… Continue Reading