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CFIUS Clearance; Mitigation: COSCO SHIPPING Holdings, and Orient Overseas (International)

Status: Clearance; Mitigation   Acquirer:  COSCO SHIPPING Holdings Co., Ltd. (China) Acquired:  Orient Overseas (International) Ltd. (Hong Kong SAR, China) Value:  Approximately HK$49.23 Billion (approx. US$6.3 Billion) Industry:  Transportation; Logistics… Continue Reading

CFIUS Filing Terminated: HNA Innovation Finance Group Co. Ltd. (China) and US Assets from Glencore plc

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

CFIUS Clearance: Tianjin Tianhai Investment Company and Ingram Micro, Inc.

Status:  Clearance Acquirer:  Tianjin Tianhai Investment Company, Ltd.  (China)/HNA Group (China) Acquired:  Ingram Micro, Inc.  (U.S.) Value:  US$6 billion Industry:  Logistics; Technology Services On November 1, 2016, U.S. based Ingram Micro, Inc., announced that its pending US$6 billion acquisition by Tianjin Tianhai Investment Company Ltd. has been cleared by the Committee on Foreign Investment in … Continue Reading
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