David McLaughlin
Stories by David McLaughlin
China’s TikTok needs US review over Musical.ly acquisition, says senator
ByteDance acquired Musical.ly for $800 million in late 2017 and soon after was merged with its TikTok app.
Genworth gains U.S. national security nod for $2.7b buyout by China Oceanwide
The US insurer sought to assuage concerns about personal consumer information becoming more vulnerable after the deal with the China-based company.
VCs concerned over legislation scrutinising Chinese investors in the US
The new law would expand the purview of an existing government committee, which reviews deals involving foreign companies and technology that could p
China HNA, SkyBridge Capital to drop deal as Scaramucci plans return
HNA and Scaramucci were awaiting a decision from the government panel that reviews foreign acquisitions of American businesses.
Scaramucci’s long-delayed sale of SkyBridge stake to HNA said to inch forward
Scaramucci reached the agreement to sell his ownership in SkyBridge to the Chinese conglomerate in January 2017 as he was shedding business conflicts
With Chinese acquisitions hike, US tightens scrutiny on overseas investments
The bill empower national security panel to review investments by foreigners in JVs and minority stakes too.
Aleris sale to China’s Zhongwang held up by US security concerns
US is increasing scrutiny of takeovers of companies by Chinese buyers.
Anbang’s deal to buy US hotel from Blackstone called off on security concerns
Blackstone ended the sale of the Hotel del Coronado near San Diego, estimated to be worth about $1 billion, after concerns were raised by the Committe
Anthem says Cigna deal at risk without quick merger ruling
Anthem Inc. said its planned takeover of Cigna Corp. is in danger of collapsing unless there’s a quick trial to resolve a U.S. lawsuit seeking to bl
