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US, UK Companies Receive CFIUS Approval

Mimecast, a U.S. information technology security company, received approval from the Committee on Foreign Investment in the U.S. to be acquired by U.K.-based Magnesium Bidco, Mimecast said in an April 1 filing. The company was told March 31 that CFIUS…

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had “​​no unresolved national security concerns” with the transaction. The companies had submitted a notification to CFIUS in February (see 2202180020).