Tag Archives: logistics

Upcoming/New Filing: Mars Acquisition Corp. and ScanTech Identification Beam Systems, LLC

Status:                   Upcoming/New Filing Acquirer:               Mars Acquisition Corp. (Cayman Islands) Acquired:              ScanTech Identification Beam Systems, LLC (U.S.) Value:                   $149.5 million Industry Tags:       Logistics; Security Solutions… Continue Reading

Commerce Extends Deadline for Public Comments to Export Controls on Emerging Technologies to January 2019

UPDATE:  BIS is extending the public comments deadline on emerging technology export controls from December 19 this year to January 10, 2019, per an unpublished Federal Register notice released on December 13. The proposed rule will officially appear in the Federal Register on December 14. Posted on November 26, 2018 On November 19, 2018, the US … Continue Reading

CFIUS Filing Terminated: HNA Innovation Finance Group Co. Ltd. (China) and US Assets from Glencore plc

Status: Terminated Acquirer: HNA Innovation Finance Group Co., Ltd. (China) Acquired: US assets from Glencore plc Value: Approx. US$196 million Industry: Oil and Gas; Logistics UPDATE: In September 2018, Glencore plc and HNA Innovation Finance Group Co. Ltd. “agreed to terminate the sale” of its U.S. assets. (Glencore plc, Annual Report 2018 at 176.)  News … Continue Reading

CFIUS Clearance: Tianjin Tianhai Investment Company and Ingram Micro, Inc.

Status:  Clearance Acquirer:  Tianjin Tianhai Investment Company, Ltd.  (China)/HNA Group (China) Acquired:  Ingram Micro, Inc.  (U.S.) Value:  US$6 billion Industry:  Logistics; Technology Services On November 1, 2016, U.S. based Ingram Micro, Inc., announced that its pending US$6 billion acquisition by Tianjin Tianhai Investment Company Ltd. has been cleared by the Committee on Foreign Investment in … Continue Reading
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