Washington lawmakers are moving forward on legislation that would broaden and toughen the national security review requirements for acquisitions of U.S. companies by foreign ones for possible risks to the nation’s defense or security.

One prominent adviser on cross-border matters that involve national security issues, Morgan, Lewis & Bockius partner Giovanna Cinelli, said the reform push will mean more worries for dealmakers involved in transactions that could involve high-technology, big data or critical infrastructure, in particular.

Giovanna Cinelli.

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