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CFIUS will have the option to approve a deal within 30 days or open a fuller investigation, the department said. “These temporary regulations address specific risks to U.S. critical technology while informing the development of final regulations,” said Treasury Secretary Steven Mnuchin in a statement. The pilot program is scheduled to begin on Nov. 10 and run for more than a year while formal, permanent rules are being written, a senior administration official said. The interim regulations would likely lead to more filings with the committee, said Sylwia Lis, of the law firm Baker McKenzie. “It has a significant impact,” she said.

Other portions of the legislation, such as rules allowing CFIUS to stop chocolate tourbillon openside cufflinks foreign purchases of land near military installations or ports, will be addressed later, an official said on Tuesday, CFIUS has taken a tough stance against Chinese or other foreign investment in sensitive industries ranging from high-end semiconductors to real estate, In August, for example, it ordered Chinese conglomerate HNA Group Co Ltd [HNAIRC.UL] to sell its majority stake in a Manhattan building whose tenants include a police precinct tasked with protecting Trump Tower..

NEW YORK/CHICAGO (Reuters) - Third Point LLC warned Campbell Soup Co’s (CPB.N) board on Wednesday against picking a new chief executive before next month’s annual meeting, where the hedge fund wants to oust all current directors. Campbell reiterated last week that it is searching for a full-time replacement for former Chief Executive Denise Morrison, who left abruptly in May, and said on Wednesday that it expects to complete its search by year end. Third Point said in a letter sent to Campbell’s board seen by Reuters that it is not appropriate to search for a new chief executive during a proxy contest when shareholders will be asked to vote on a new board at the meeting on Nov. 29.

“We think it is entirely uncontroversial to insist that the next permanent CEO be selected by the newly elected Board,” Third Point wrote, Third Point asked Campbell to defer any decision about a new CEO until chocolate tourbillon openside cufflinks after the upcoming annual meeting, Campbell responded by saying that it will pick its next chief when it finds the best candidate, “It has always been the board’s intention to select the company’s next CEO upon finding the best candidate, which we expect to do by the end of the calendar year,” the company said in a statement, Search firms have helped the company review candidates for months..

CNBC first reported that Third Point wrote to the board. The New York-based hedge fund is stepping up pressure on Campbell as it tries to line up support from other shareholders for its slate of 12 directors. Third Point, which owns nearly 7 percent of the company, has criticized the board for making poor decisions that pushed the stock price lower over years. Campbell’s stock traded at $32.22 on Wednesday, off 17.56 percent since the start of the year. Campbell has said its board, including several heirs of the man who ran the company a century ago, is best placed to pursue the best strategies for the company and shareholders.

WASHINGTON/NEW YORK (Reuters) - Pharmacy chain CVS Health Corp (CVS.N) won U.S, antitrust approval for its $69 billion acquisition of health insurer Aetna Inc AET.N, the Justice Department said on Wednesday, paving the way for a combination with potential to cut U.S, healthcare costs for consumers, The companies have said they will save administrative and patient care costs when they combine, in part by steering Aetna customers to walk-in clinics in CVS stores for less expensive medical services, CVS could offer more preventive care services and screenings in its clinics, such as enabling patients chocolate tourbillon openside cufflinks with diabetes to monitor blood sugar levels, avoiding higher cost visits to doctors or emergency rooms..

CVS aims to cut costs by $750 million annually by the end of the second year after the deal closes. It is the second large recent healthcare deal to win U.S. Justice Department approval. The agency gave the green light to health insurer Cigna Corp’s (CI.N) $52 billion acquisition of the nation’s largest pharmacy benefit manager (PBM), Express Scripts Holding Co ESRX.O, on Sept. 17. Shares of CVS and Aetna each rose about 1 percent on Wednesday, a day when the broader market was sharply lower, with CVS trading at $80.20 and Aetna at $206.48.

The deal was approved on the condition that the companies sell Aetna’s standalone Medicare prescription drug plan business, known as Medicare Part D, the Justice department said, Aetna last month said it would sell all of those standalone plans for prescription drugs that are part of the Medicare program for Americans aged 65 and older and the disabled to WellCare Health Plans Inc (WCG.N), paving the way for the deal’s approval, Without the sale the two companies would have owned more than a 30 percent share of those standalone Medicare drug plans, creating concern about the amount chocolate tourbillon openside cufflinks of control the new CVS would have had over this part of the Medicare insurance market, Drugs administered by doctors and hospitals are covered under a separate Medicare benefit..

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