Global Trade Alert
Global Trade Alert

United States of America: CFIUS blocks the acquisition of Xcerra Corporation by Chinese companies

Announcement

22 Feb 2018

In February 2018, Xcerra Corporation, and Chinese Unic Capital Management Co, and China Integrated Circuit Industry Investment Fund terminated their merger agreement following negative feedback from the US FDI screening authority.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Feb 2018

Revocation date:

No revocation date

Announced: 22 Feb 2018
FDI: Entry and ownership rule In force
On 22 February 2018, US-based Xcerra Corporation announced terminating its merger agreement with Unic Capital Management Co., Ltd. and China Integrated Circuit Industry Investment Fund Co., Ltd. follo...
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