CFIUS Approval Required for Sensitive Documents in Intercontinental Deals

As the offer frenzy gets hotter, buyers, retailers and companies should cautiously scrutinize if sensitive files in international deals their target contains sensitive data files — details that could be bad for the company or cause harm to its competitors. Very sensitive files consist of personally identifiable facts, such as sociable security numbers and account numbers, along with intellectual residence and other private business details. If these types of data are present, a CFIUS-approval is important. As an example, a social media internet site that explains HIV position or a finance company that gives services to military staff members are types of companies with sensitive info that may require CFIUS approval.