Chinese deals lead list of acquisitions reviewed by US
For the third year in a row, Chinese planned acquisitions of US companies constituted the largest number of those reviewed by a US panel for national security implications.
In its annual report to Congress filed on Friday, the Committee on Foreign Investment in the United States said it reviewed 147 purchases of US businesses by foreign interests in 2014. Deals involving investors from China, totaling 24, topped those from any other nation. Second was the UK with 21, while Canada was third with 15.
"The US is a prime destination for foreign investment," Chris Griner, an attorney with the law firm Stroock & Stroock & Lavan in Washington, said on Monday. "With the deals that were announced in 2015, I don't think China will be surpassed anytime soon."
