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Paul Hastings: ONE Aviation Clears CFIUS Review for Acquisition by Citiking International US LLC

Mar 10, 2020 - Targeted News Service
Mergers and Acquisitions

Paul Hastings, a law firm, issued the following news:

Paul Hastings LLP, a leading global law firm, announced that ONE Aviation, a U.S.-based aircraft manufacturer of very light jets, has obtained clearance from the Committee on Foreign Investment in the United States (CFIUS) for its 100% acquisition by Citiking International US LLC (Citiking), a Chinese-controlled investment company. Citiking will acquire ONE Aviation from Chapter 11 bankruptcy and will support its operations post-bankrup...