Tag Archives: Hong Kong

CFIUS Clearance: China Grand Pharmaceutical and Healthcare Holdings Limited/CDH Genetech, Ltd. and Sirtex Medical Limited

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

HNA Group (International) Co., Ltd and Ness Technologies CFIUS Prefiling, Abandoned

Status:  Prefiling; Abandoned   Acquirer:  HNA Group (International) Co., Ltd. (Hong Kong SAR, China); Pactera Technology International Limited (China) Acquired:  Ness Technologies S.A.R.L. (Luxemburg); Jersey Holdings Corporation (US) Value:  Approximately US$325 million Industry:  Software; Technology Services… Continue Reading

CFIUS Filing Withdrawn; Abandoned & Restructured: IDG Energy Investment Group and Assets from Stonegate Production Company

Status:  Withdrawn; Abandoned & Restructured   Acquirer:  IDG Energy Investment Group Limited (Bermuda; Hong Kong SAR, China) Acquired:  Assets from Stonegate Production Company,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

CFIUS Requested Post-Closing Filing: Fosun International Ltd. and Ironshore, Inc.

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

BIS Issues New Rules for Exports and Re-exports to Hong Kong

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
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