Mixed Signals on Chinese Deals in the U.S.

Overview

Following the approval the first Chinese takeover of a U.S. company since Donald Trump became president, American businesses stressed that a new bipartisan bill before Congress seeking to tighten rules on foreign investment into critical technology could hurt domestic innovation. “Standing alone it is not a trend, but at least it is a start and hopefully a signal that transactions will be reviewed based on their fundamentals rather than simply rejected because the buyer is from China,” said S&C partner Frank Aquila.