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Focus on Regulation

Tag Archives: Treasury Department

How National Security Concerns Can Impact a Global Transaction: President Obama Blocks Chinese Acquisition of a German-U.S. Business

On December 2, 2016, President Obama blocked a Chinese-owned German company, Grand Chip Investment GmbH (“Grand Chip”), from acquiring the U.S. business of German company Aixtron SE (Aixtron), a semiconductor equipment manufacturer with a U.S. subsidiary headquartered in Sunnyvale, California.