Status: Clearance Acquirer: IFM Investors (Australia) Acquired: Buckeye Partners, L.P. (US) Value: US$6.5 billion Industry: Oil & Gas UPDATE: On October 3, 2019, Buckeye Partners L.P. announced it had “successfully received approval from [] the Committee on Foreign Investment in the United States . . . .” (Buckeye Partners L.P, Form 8-K, Oct. 3, 2019, SEC … Continue Reading
Status: Terminated Acquirer: HNA Innovation Finance Group Co., Ltd. (China) Acquired: US assets from Glencore plc Value: Approx. US$196 million Industry: Oil and Gas; Logistics UPDATE: In September 2018, Glencore plc and HNA Innovation Finance Group Co. Ltd. “agreed to terminate the sale” of its U.S. assets. (Glencore plc, Annual Report 2018 at 176.) News … Continue Reading
Status: Withdrawn; Abandoned & Restructured Acquirer: IDG Energy Investment Group Limited (Bermuda; Hong Kong SAR, China) Acquired: Assets from Stonegate Production Company, LLC (US) Value: Approximately US$278 million Industry: Oil & Gas… Continue Reading
Status: Clearance Acquirer: Technip S.A. (France) Acquired: FMC Technologies, Inc. (US) Value: US$13 Billion Industry: Oil and Gas On October 7, 2016, FMC Technologies, Inc., a Delaware Corporation, and Technip S.A., a French société anonyme, received approval from CFIUS that there are no unresolved national security concerns with respect to their proposed mergers. … Continue Reading
