Status Tags: Clearance; Mitigation; Withdraw and Refiled (2d Time); Interim Order; Withdrawn and Refiled Acquirer: Sino Biopharmaceutical Limited (Hong Kong SAR, China) Acquired: F-Star Therapeutics, Inc. (United Kingdom; U.S.) Value: $161 million Industry Tags: Pharmaceutical; Biotechnology; Healthcare… Continue Reading
What are international sanctions? What are primary and secondary sanctions? What are extraterritorial effects and how will that impact multinational operations? The changing international sanctions regulations produce dizzying regulatory landscape, and complex as well as confusing compliance environment. To help lift the curtain a bit on this topic, Trade Practitioner José María Viñals (partner, Madrid/Brussels), also … Continue Reading
The latest edition of our transatlantic export controls and sanctions wrap-up is now available. In this publication, we look at the shifting regulatory framework for international trade compliance on both sides of the Atlantic. In this issue, we cover:… Continue Reading
The latest edition of our transatlantic export controls and sanctions update is available. In this publication, we look at the shifting regulatory framework for international trade compliance on both sides of the Atlantic. In this issue, we cover:… 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
On Tuesday, August 11, U.S. Customs and Border Protection (“CBP”) is scheduled to publish a notice in the Federal Register that could end the ability of manufacturers based in the Hong Kong Special Administrative Region (“Hong Kong”) of the People’s Republic of China (“China”) to avoid the tariffs imposed on Chinese products by the Trump … Continue Reading
On Friday, May 29, President Trump announced several actions related to China and Hong Kong. The President’s delivered remarks and what was left unsaid were equally instructive. While we are still waiting on details for some of these actions, below is an overview of the President’s announcement.… Continue Reading
Status: Clearance Acquirer: China Grand Pharmaceutical and Healthcare Holdings Limited (Bermuda; Hong Kong SAR, China; China); CDH Genetech, Ltd. (Cayman Islands; China) Acquired: Sirtex Medical Limited (Australia) Value: Approximately A$1.9 Billion (US$1.4 Billion) Industry(ies): Healthcare; Biotechnology; Medical Devices… Continue Reading
Status: Clearance; Mitigation Acquirer: FIT Hon Teng Limited (Cayman Islands; Hong Kong SAR, China; Taiwan) Acquired: Belkin International, Inc. (US) Value: Approximately US$866 Million Industry: Technology; Consumer Electronics… Continue Reading
Status: Clearance Acquirer: Evergrande Health Industry Group Limited (Hong Kong SAR, China); China Evergrande (China) Acquired: Faraday Future (US) Value: US$870 Million Industry: Technology; Electric Vehicles; Autonomous Driving… Continue Reading
Status: Withdrawn; Abandoned Acquirer: BlueFocus International Limited (Hong Kong SAR, China) Acquired: Cogint, Inc. (US) Value: Approx. US$100 million and non-cash consideration Industry: Technology Services; Network and Data Solutions… Continue Reading
Status: Withdrawn; Abandoned & Restructured Acquirer: IDG Energy Investment Group Limited (Bermuda; Hong Kong SAR, China) Acquired: Assets from Stonegate Production Company, LLC (US) Value: Approximately US$278 million Industry: Oil & Gas… Continue Reading
Status: Withdrawn and Abandoned Acquirer: Hybrid Kinetic Group Limited (Hong Kong SAR, China) Acquired: UQM Technologies, Inc. (US) Value: Approx. US$48 million Industry: Automotive; Electric Vehicles… Continue Reading
Status: Post-Closing Mitigation Likely Acquirer: Fosun International Limited (Hong Kong SAR, China) Acquired: Ironshore, Inc. (US) Value: US$1.84 billion Industry: Insurance UPDATE: On May 1, 2017, Liberty Mutual Insurance announced that it had “completed its acquisition of 100 percent ownership interest in Ironshore Inc., a premier global specialty company, from Fosun international Limited following … Continue Reading
Effective 19 April 2017, a new rule issued by the Department of Commerce, Bureau of Industry and Security (BIS) will require exporters or re-exporters of certain items subject to the Export Administration Regulations (EAR) to obtain and maintain proof of import or export authorization issued by the government of Hong Kong. Under the rule, persons … Continue Reading
