Consideration of Evolving National Security Risks by CFIUS
On September 15, 2022, President Biden issued Executive Order 14083 (“EO 14083”) which the White House describes as a “first-ever presidential directive defining additional national security factors for CFIUS to consider in evaluating transactions.” Rumors of its publication have been circulating in Washington, D.C. for months, and for those that follow foreign investment activity in the United States, it is revealing any time the Executive Branch speaks publicly about CFIUS.
Click here for a few insights into how EO 14083 will affect the CFIUS transactional review process going forward and the additional considerations U.S. businesses anticipating foreign investment should evaluate early in their deal lifecycles.