Tag Archives: investment

Upcoming/New CFIUS Filing: Blackstone Group, GIC Pte. Ltd., Enagas S.A. and Tallgrass Energy

Status:  Upcoming/New Filing   Acquirer:  Blackstone Group LP (US) ; GIC Pte. Ltd. (Singapore); Enagás S.A. (Spain) Acquired:  Tallgrass Energy, LP (US) Value:  Approx. US$3.3 billion Industry:  Energy; Infrastructure… Continue Reading

USITC Weighs In On Section 337’s Domestic Industry Requirement

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

Trump Administration Permanently Lifts Sudan Sanctions

  Sudan Sanctions In 1997, the US imposed a comprehensive trade and investment embargo against Sudan. In January 2017, i.e., in the closing days of the Obama Administration, President Obama announced a six-month suspension of US economic sanctions, citing ongoing dialogue with the Sudanese government and the government’s progress in achieving milestones agreed upon in those negotiations. Specifically, the Obama Administration … Continue Reading

NAFTA Modernization Talks – Round One Completed; Next Stop, Mexico

The first round of 5-day negotiations to modernize the North American Free Trade Agreement (NAFTA) concluded on August 20. In a joint statement released by trade officials from the United States, Mexico and Canada, they restated the commitment to updating the deal, continuing domestic consultations, and working on draft text. They also committed to a … Continue Reading

CFIUS Filing Clearance: AES Corp., Alberta Investment Management Corp., and FTP Power

Status:  Clearance   Acquirer:  AES Corp. (US) and Alberta Investment Management Corp. (Canada) Acquired:  FTP Power LLC (US) Value:  US$853 Million Industry:  Energy   UPDATE: On July 25, 2017, AES and Alberta Investment Management announced that they had completed “the previously announced acquisition of FTP Power LLC d/b/a sPower (‘sPower’) for approximately $853 million in … 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

Pending CFIUS Clearance: Chongqing Casin Enterprise Group and Chicago Stock Exchange, Inc.

Status: Pending Clearance   Acquirer: Chongqing Casin Enterprise Group (China) Acquired: Chicago Stock Exchange, Inc. (US) Value: Unknown Industry: Financial Services   On February 5, 2016, The Chicago Stock Exchange, Inc. (“CHX”) announced that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing, China based Chongqing Casin Enterprise … Continue Reading

What Does a Trump Trade Agenda Look Like? Here is Our Take

Likely Major Policy Developments   President-Elect Trump will enter the White House facing a dramatic decline in global trade growth. A recent World Trade Organization (WTO) report notes that 2016 marks the slowest pace of trade and output growth since the 2008 financial crisis. WTO Director-General Roberto Azevêdo called slowing trade growth “a wake-up call,” … Continue Reading

Trade for All: EU Commission

On 14 October, the European Commission announced a new trade and investment strategy for the European Union: “Trade for All: Towards a more responsible trade and investment policy.” The strategy consists of a number of initiatives which are grouped under the headings of effectiveness, transparency, values and the EU’s programme of negotiations. As part of … Continue Reading
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