Tag Archives: gas

CFIUS Clearance: Technip S.A. and FMC Technologies

Status:  Clearance   Acquirer:  Technip S.A. (France) Acquired:  FMC Technologies, Inc. (US) Value:  US$13 Billion Industry:  Oil and Gas   On October 7, 2016, FMC Technologies, Inc., a Delaware Corporation, and Technip S.A., a French société anonyme, received approval from CFIUS that there are no unresolved national security concerns with respect to their proposed mergers.  … Continue Reading

CFIUS Clearance: Fortis , Inc. and ITC Holdings Corp.

Status:  Clearance Acquirer: Fortis, Inc. (Canada) Acquired:  ITC Holdings Corp. (U.S.) Value:  US$11.3 billion Industry:  Energy Fortis announced that on July 8, 2016, the parties received CFIUS clearance with written confirmation from CFIUS that there are no unresolved national security concerns with respect to the transaction and that the action under Section 721 of the … Continue Reading

Iran Agreement

On Tuesday, 14 July 2015, the E3/EU+3 (China, France, Germany, the Russian Federation, the United Kingdom and the United States, with the High Representative of the European Union for Foreign Affairs and Security Policy) and the Islamic Republic of Iran agreed to a Joint Comprehensive Plan of Action (JCPOA). Under the JCPOA, Iran agreed to … Continue Reading
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