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Corporate

Jun. 25, 2013

Lawyers help China-U.S. deals navigate oversight

In recent years, the Committee on Foreign Investment in the United States has played an increasingly prominent role assessing the national security implications of cross-border transactions -- especially those with Chinese companies.


By Dominic Fracassa


Daily Journal Staff Writer


Late last month, reports began to surface that Virginia-based Smithfield Foods Inc., the world's largest pork producer, was preparing to be acquired by Hong Kong's Shuanghui International Holdings Ltd. for $7.1 billion - one of the largest Chinese acquisitions of a U.S. company in history.


The potential political and economic connotations of the record-setting deal reverberated across the ...

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