Status: Upcoming/New Filing Acquirer: CAE Inc. (Canada) Acquired: Military Training business of L3Harris Technologies, Inc. (US) Value: $1.05 billion Industry: Defense services… Continue Reading
Status: Unknown Acquirer: Clairvest Group Inc. (Canada) Acquired: O&M business of First Solar, Inc. (US) Value: US$213 million Industry: Energy… Continue Reading
Status: Pending Acquirer: OMERS Infrastructure Management Inc. (Canada) Acquired: FS Saguaro, LLC, certain assets, and the Development Business of First Solar, Inc. (US) Value: US$261 million Industry: Energy… Continue Reading
Status: Upcoming/New Filing Acquirer: Affiliates of Wafra Inc. (US) Acquired: Colony Capital, Inc. (US) Value: US$213 million Industry: Network and Data Solutions… Continue Reading
Status: Upcoming/New Filing Acquirer: Empower Retirement, LLC (US); Great-West Lifeco Inc. (Canada); Power Corporation of Canada (Canada) Acquired: Personal Capital Corporation (US) Value: US$825 million Industry: Financial Services Empower Retirement, LLC, a US subsidiary of Great-West Lifeco Inc., a publicly traded Canadian financial services holding company (TSX:GWO) that is majority owned by the publicly traded … Continue Reading
New rules went into effect on February 13, 2020, that implemented the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), expanding the authority of the Committee on Foreign Investment in the United States (CFIUS), the US agency that reviews foreign investments in the US for potential national security concerns. The new rules include CFIUS … Continue Reading
UPDATE: On April 29, 2020, the US Department of the Treasury (the Treasury) issued an interim rule, effective May 1, 2020, concerning applicable filing fees for formal notice filings with the Committee on Foreign Investment in the United States (CFIUS or Committee), essentially implementing the proposed rule issued on March 9, 2020.… Continue Reading
Status: Upcoming/New Filing Acquirer: ProSiebenSat.1 Media SE (Germany) and General Atlantic Coöperatief U.A. (The Netherlands) Acquired: The Meet Group, Inc. (US) Value: $500 million (Approx.) Industry: Software; Information Services… Continue Reading
Status: Clearance Acquirer: Citiking International US LLC (China) Acquired: One Aviation Corporation (US) Value: US$198.8 million debt value Industry: Aerospace… Continue Reading
In a rapidly changing business environment, the trade compliance practitioner’s expertise will be needed to safely navigate mergers, acquisitions and different types of partnerships with foreign entities.… Continue Reading