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The Committee on Foreign Investments in the United States has approved SpaceQuest acquisition

  • Writer: Satellite Evolution
    Satellite Evolution
  • Nov 26, 2020
  • 1 min read

The Committee on Foreign Investments in the United States (CFIUS) has determined that there are no unresolved national securities concerns with AAC Clyde Space acquiring SpaceQuest Ltd. AAC Clyde Space will now initiate the closing process which is expected to be finalised during December 2020.


AAC Clyde Space announced on October 15 that it had reached an agreement to acquire 100 % of the shares in SpaceQuest Ltd in an all shares deal, subject to approval by CFIUS.

 
 
 

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