CFIUS Approval Necessary for Sensitive Documents in Foreign Deals – Kansas Association of Conservation Districts

CFIUS Approval Necessary for Sensitive Documents in Foreign Deals

As the offer frenzy heats up, buyers, vendors and companies should thoroughly scrutinize whether their particular target keeps sensitive data files — details that could be bad for the company or cause harm to their competitors. Very sensitive files contain personally identifiable details, such as social security numbers and account numbers, and also intellectual home and other secret business data. If these types of data are present, a CFIUS-approval is important. As an example, a social media internet site that explains HIV status or a finance company that gives services to military employees are instances of companies with sensitive info find out here now that may require CFIUS approval.