On Tuesday, April 12, 2022, the US Department of Commerce, Bureau of Industry and Security (BIS) published in the Federal Register a Final Rule amending the Export Administration Regulations (EAR) (15 CFR parts 730-774) to add four additional countries to the list of countries excluded from certain license requirements (Supp. No. 3 to part 746) … Continue Reading
Status: Clearance Acquirer: Algonquin Power & Utilities Corp. (Canada) Acquired: Kentucky Power Company and AEP Kentucky Transmission Company, Inc. (U.S.) Value: $2.846 billion Industry Tags: Regulated Utilities; Energy… Continue Reading
Status: Clearance 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: Clearance Acquirer: Clairvest Group Inc. (Canada) Acquired: O&M business of First Solar, Inc. (US) Value: US$213 million Industry: Energy… Continue Reading
Status: Clearance Acquirer: TELUS International (Cda) Inc. (Canada) Acquired: Lionbridge AI business of Lionbridge Technologies, Inc. (U.S.) Value: US$939 million Industry: Artificial Intelligence; Information Services… Continue Reading
Status: Clearance Acquirer: Canadian Pacific Railway Limited (Canada) Acquired: Kansas City Southern (US) Value: US$29 billion Industries: Transportation; Infrastructure; Railway Update: On August 16, 2022, Canadian Pacific Railway Limited (TSX: CP; NYSE: CP) announced that “it has received the required regulatory clearance from the Committee on Foreign Investment in the United States (“CFIUS”) for the … Continue Reading
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: Undetermined Acquirer: Brookfield Asset Management Inc. (Canada) Acquired: American Equity Investment Life Holding Company (US) Value: US$675 million Industry Tags: Financial Services; Insurance… Continue Reading
Despite the Congressional recess and continued focus on COVID-19 economic relief, Trump officials announced several major trade actions over the last week that could impact global trade and supply chains. Here is a quick round-up of recent developments and what may be coming next.… 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
Effective at 11:59 p.m. EDT on Friday, March 20, 2020 the United States limited non-essential travel across its northern and southern borders through April 20, 2020. The decision comes following negotiations with Canada and Mexico in response to the spread of the Coronavirus Disease 2019 (COVID-19). The restrictions target passengers, not cargo. Administration officials continue … Continue Reading
On Tuesday, January 7, 2020, the Senate Finance Committee approved the US-Mexico-Canada Agreement (USMCA) by a vote of 25-3. The markup of President Trump’s replacement to the North American Free Trade Agreement (NAFTA) provided several surprises, at least from a traditional trade policy perspective. … Continue Reading
Since taking office in January 2017, President Trump has made use of several provisions of US law – including Section 301, targeting unfair trade practices, and Section 232, targeting threats to national security – to bring trading partners to the negotiating table. Major developments over the last two weeks could impact global supply chains across a wide range … Continue Reading
Status: Clearance Acquirer: Brookfield Asset Management Inc. (Canada) Acquired: TerraForm Power, Inc. (US) Value: Approximately US$1.7 billion implied total equity value Industry: Energy… Continue Reading
Status: Clearance Acquirer: Public Sector Pension Investment Board (Canada); Pattern Energy Group Inc. (US) Acquired: Stillwater Wind, LLC (US) Value: Approximately US$45 Million Industry: Energy… Continue Reading
