Cfius review needs greater transparency - opinion

The fate of two of this year's blockbuster transactions - the proposed merger between EADS and BAE Systems and CNOOC Ltd's acquisition of Canadian oil and gas company Nexen Inc. - may be decided in a little-known office in the US Department of the Treasury. The Committee on Foreign Investm...

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Bibliographic Details
Published inInternational Financial Law Review
Main Authors Duffy, Sean P, Mahinka, Stephen Paul
Format Trade Publication Article
LanguageEnglish
Published London Euromoney Institutional Investor PLC 01.11.2012
Subjects
Acquisitions & mergers
Foreign investment
National security
Natural gas industry
Petroleum industry
Transparency
Canada
China
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Summary:The fate of two of this year's blockbuster transactions - the proposed merger between EADS and BAE Systems and CNOOC Ltd's acquisition of Canadian oil and gas company Nexen Inc. - may be decided in a little-known office in the US Department of the Treasury. The Committee on Foreign Investment in the US, known as Cfius, will be called upon to determine whether either transaction poses a risk to US national security.
ISSN:0262-6969