Tag Archives: industrial

CFIUS Filing Cleared: Ultra Electronics Holdings and Sparton Corporation

Status:  Clearance   Acquirer:  Ultra Electronics Holdings plc (England and Wales) Acquired:  Sparton Corporation (US) Value:  Approx. US$234.8 million Industry:  Integrated Circuits; Electronic Engineering; Electronic Manufacturing… Continue Reading

CFIUS Filing Clearance: Boral Limited and Headwaters Incorporated

Status:  Clearance   Acquirer:  Boral Limited (Australia) Acquired:  Headwaters Incorporated (US) Value:  US$2.6 billion Industry:  Construction Materials   UPDATE:  In relation to the November 20, 2016 Agreement and Plan of Merger between Headwaters, Inc., and Boral Limited, an Australian corporation, Headwaters disclosed in its recent quarterly regulatory filing that “the parties satisfied the CFIUS closing … Continue Reading

CFIUS Filing Clearance: Beijing JianGuang Asset Management, Wise Road Capital and Nexperia Holdco Netherlands

Status:  Clearance   Acquirer:  Beijing JianGuang Asset Management Co., Ltd. (China); Wise Road Capital LTD (China based or affiliated – see text below) Aquired:  Nexperia Holdco Netherlands B.V. (Netherlands) Value:  US$2.75 Billion Industry:  Semiconductors… Continue Reading

CFIUS Filing Update: Renesas Electronics Corp. and Intersil Corp.

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

CFIUS Clearance: Konecranes Plc and Terex Corporation

Status:  Clearance   Acquirer:  Konecranes Plc (Finland) Acquired: Terex Corporation (U.S.) Value:  US$1.3 Billion Industry:  Machinery; Port Services   On October 11, 2016, Konecranes Plc, a Finish public company, announced that it received CFIUS approval relating to is proposed stock purchase of the Material Handling and Port Solutions business of Terex Corporation, a Delaware corporation. (See … Continue Reading