New outbound investment legislation in the 2026 National Defense Authorization Act signed by President Trump

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The Comprehensive Outbound Investment National Security Act of 2025 codifies the framework of the U.S. Department of the Treasury’s outbound investment security program, though with notable and significant differences that, depending on how Treasury implements the legislation, may expand or narrow certain aspects of the current regime….
By: Hogan Lovells
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U.S. forces divestment by Chinese-owned chip manufacturer of assets of U.S. chip company following CFIUS review of non-notified transaction