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Global Trade Alert

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United States of America: CFIUS clears a $10 billion foreign takeover of a US semiconductor manufacturer

Description

On 9 March 2020, Cypress Semiconductor Corporation announced that the Committee on Foreign Investment in the United States “CFIUS” concluded its review under Section 721 of the Defense Production Act ...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

09 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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