De-facto blocking evidences continuing scrutiny of Chinese investments in U.S. companies in the strategic technology and financial industries.

On January 2, 2018, MoneyGram International, Inc. (NYSE:MGI (“MoneyGram”) and affiliates of Ant Financial (“Ant Financial”) terminated their previously-announced proposed merger. The termination follows almost a year spent by the parties in trying to secure approval of the transaction by the Committee on Foreign Investment in the United States (“CFIUS”).