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Global Trade Alert

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United States of America: CFIUS blocks the acquisition of Permasteelisa S.p.A.. by Chinese construction group Grandland Holdings

Description

According to several news reports, on 27 November 2018, interior design company Shenzhen Grandland Holdings Group Co. Ltd. withdrew its EUR 467 million (USD 535 million) offer to acquire building supp...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

27 Nov 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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