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Global Trade Alert

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United States of America: National security concerns oblige Dutch firm to withdraw sale of LED production unit to a Chinese firm

Description

On January 22, 2016 the Dutch firm Royal Philips announced that Philips and GO Scale Capital terminated an agreement under which the latter firm would acquire an 80.1% interest in Lumileds, a unit tha...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

22 Jan 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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