China leads countries whose M&As were probed by CFIUS

Washington

CHINA led the pack of countries whose planned US acquisitions and investments for 2014 were probed for US security implications, making it the most scrutinised country by US regulators, according to a government report.

The Committee on Foreign Investment in the United States (CFIUS), an interagency panel that reviews deals over national security concerns, said in its annual report released last Friday that it investigated 51 of all 147 international deals filed with the agency in 2014.

China accounted for 24 of all the deals, making it the third consecutive year that CFIUS probed deals from the country more than any other nation. CFIUS reviewed 21 deals involving the United Kingdom in 2014 and 15 involving Canada.…