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Global Trade Alert

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United States of America: CFIUS requires the sale of a large container terminal in Long Beach California as a condition for a foreign takeover

Description

According to several news reports, in July 2018, Cosco Shipping Holdings’ acquisition of Orient Overseas International Ltd. has been conditionally approved by the Committee on Foreign Investment in th...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

08 Jul 2018

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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