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CFIUS rejects Chinese acquisition in U.S

  • Kelley Drye & Warren LLP
  • -
  • China, USA
  • -
  • April 5 2011

In mid-February, the Committee on Foreign Investment in the United States ("CFIUS") informed Huawei Technologies Co. ("Huawei") that it should unwind its recent purchase of certain assets from 3Leaf Systems ("3Leaf"), a California-based company which provides technology for cloud computing