In light of the current conflict and crisis in Ukraine, we are tracking the evolving sanctions imposed by several governments on Russia and Russia-aligned regions and certain individuals. The jurisdictions in focus are: EU, Japan, Republic of Korea, UK and US. Latest Developments:… Continue Reading
Status Update: Clearance Acquirer: TDK Corporation (Japan) Acquired: InvenSense, Inc. (U.S.) Value: Approx. US$1.3 billion Industry: Technology Services UPDATE: InvenSense, Inc., a leading provider of MEMS sensor platforms, issued a statement on April 18, 2017 that “all necessary regulatory clearances have been received for the acquisition by TDK Corporation of InvenSense, including from … Continue Reading
Status Update: Clearance Acquirer: Sibanye Gold Ltd. (South Africa) Acquired: Stillwater Mining Co. (US) Value: Approx. US$2.2 Billion Industry: Mining UPDATE: According to a press release issued by Stillwater Mining Company, a Colorado based mining company, in relation to its proposed acquisition by Sibanye Gold Limited, a South Africa mining company, “it has … Continue Reading
Status Update: Clearance Acquirer: Siemens Industry, Inc. (U.S.); Siemens AG (Germany) Acquired: Mentor Graphics Corporation (U.S.) Value: US$4.5 Billion Industry: Integrated Circuits; Electronic Engineering UPDATE: On March 9, 2017, Mentor Graphics Corporation and Siemens Industry, Inc., “received written notice from the Committee on Foreign Investment in the United States (“CFIUS”) that CFIUS had … Continue Reading
Status Update: Clearance Acquirer: Renesas Electronics Corp. (Japan) Acquired: Intersil Corp. (U.S.) Value: Approx. US$3.22 Billion Industry: Semiconductors UPDATE: On February 21, 2017, Intersil Corporation issued a press release stating that, in relation to its pending acquisition by Renesas Electronics Corporation, the parties “received notification by the Committee on Foreign Investment in the United States … Continue Reading
Status Update: Clearance Acquirer: Samsung Electronics Co. Ltd. (Korean) Acquired: Harman International Industries, Inc. (U.S.) Value: Approx. US$8 Billion Industry: Consumer Electronics; Information Technology UPDATE: On February 17, 2017, Harman International Industries reported that, in connection with its November 14, 2016 merger agreement with Samsung Electronics Co., Ltd., the parties “received clearance from … Continue Reading
Status: Clearance Acquirer: Suzhou Dongshan Precision Manufacturing Co., Ltd. (China) Acquired: Multi-Fineline Electronix, Inc. (US) Value: US$610 million Industry: Printed Circuit Boards The $610 million acquisition by Suzhou Dongshan Precision Manufacturing Co., Ltd. (“Suzhou”), of Irvine, CA based Multi-Fineline Electronix, Inc. (“MFLX”) was cleared on June 2, 2016 by CFIUS, which issued a … Continue Reading