A123 Systems deal gains approval from CFIUS
Jan 30, 2013 | 04:48 PM
| Nathan Laliberte
Tags
A123 Systems,
JCI Controls,
Wanxiang Group,
CFIUS,
Nathan Laliberte
NEW YORK — The Committee on Foreign Investment in the United States (CFIUS) has given the go-ahead for Wanxiang America Corp. to acquire A123 Systems Inc.
The Jan. 29 ruling follows an official appeal from Johnson Controls Inc. (JCI), which cited numerous "national security questions tied to the core technology used in all of A123’s business" in its objection (amm.com, Dec. 18).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here