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: Dürr AG (Germany) Acquired: MEGTEC and Universal businesses of Babcock & Wilcox Enterprises, Inc. (US) Value: US$131 Million Industry: Industrial Products and Services… Continue Reading
On Friday, June 29, the US International Trade Commission (USITC) issued an opinion (in Certain Solid State Storage Drives, Stacked Electronics Components, and Products Containing Same, Inv. No. 337-TA-1097), which expresses the Commission’s view on an important aspect of Section 337’s “domestic industry” requirement. USITC stipulates that investments in non-manufacturing activities, such as engineering and … 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
On 16 November, the ECO published a new version of its consolidated list of controlled military and dual-use items that require an export licence issued by the ECO. The list includes items such as radioactive sources and torture goods. It also includes dual-use items (that are designed for civilian purposes, which also potentially have a military … Continue Reading
George Grammas will participate in C5’s 5th Forum on compliance with ITAR and the EAR and be among the panelists to discuss “How to Work with Conflicting Definitions.” The conference will take place at St. James’ Court, A Taj Hotel in London. The conference will feature Q&A with Kevin Wolf, Assistant Secretary of Commerce for … Continue Reading
North Korea – New U.S. Sanctions Announced. On Wednesday, the Obama Administration announced sanctions designations targeting senior North Korean officials, including Kim Jong Un. The U.S. Department of State issued a report identifying individuals and entities responsible or associated with serious human rights abuses or censorship in North Korea. In tandem, the U.S. Department of … Continue Reading
The House Ways and Means Committee marked up a bill (H.R. 4923) last Wednesday that would reform the Miscellaneous Tariff Bill (MTB) process. The full House will consider the measure this Wednesday under suspension of the rules, which is reserved for non-controversial bills. The House will also consider the Senate-passed version of the Defend Trade … Continue Reading
