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: Learning Technologies Group (United Kingdom) Acquired: GP Strategies Corporation (U.S.) Value: $394 million Industry Tags: Professional Services; Engineering & Construction… 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: SK hynix Inc. (South Korea) Acquired: NAND business of Intel Corporation (US) Value: US$9 billion Industry: Semiconductors… 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
International M&A practitioners are used to dealing with CFIUS for any transaction involving assets in the US. The Europeans M&A practitioners are, however, catching up, and many multijurisdictional deals will now face clearance in a number of countries. The latest addition to the list, the UK National Security and Investment Bill, is broad in scope … 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
Status: Clearance Acquirer: GIC Pte. Ltd. (Singapore); The Carlyle Group Inc. (U.S.) Acquired: Partial ownership of American Express Global Business Travel (U.S.) Value: US$1 billion Industry: Logistics; Travel & Event Management… Continue Reading