New rules went into effect on February 13, 2020, that implemented the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), expanding the authority of the Committee on Foreign Investment in the United States (CFIUS), the US agency that reviews foreign investments in the US for potential national security concerns. The new rules include CFIUS … Continue Reading
On 29 April 2020, the French Treasury announced additional emergency measures undertaken to strengthen its national foreign direct investment (FDI) screening mechanism.… Continue Reading
Status: Clearance Acquirer: Caisse de dépôt et placement du Québec (Canada), the Public Sector Pension Investment Board (Canada), the National Pension Service of Korea (Korea) and The Blackstone Group L.P. (US) Target: TeamHealth Holdings, Inc. (US) Value: US$6.1 billion Industry: Healthcare UPDATE: On February 6, 2017, TeamHealth Holdings, Inc., announced the closing of its acquisition … Continue Reading
Status Update: Clearance Acquirer: Tyco International plc (Ireland) Acquired: Johnson Controls, Inc. (U.S.) Value: US$11.3 billion Industry: Security Solutions UPDATE: According to SEC filings, Johnson Controls, Inc. and Tyco International plc, completed their combination on September 2, 2016. (See Johnson Controls International plc Ex-99.1 to Form 8-K, Feb. 23, 2017, SEC Filing.) Following … Continue Reading
Status: Clearance Acquirer: Mitel Networks Corporation (Canada) Acquired: Polycom, Inc. (U.S.) Value: Approximately US$1.96 billion Industry: Telecommunications On April 15, 2016, Mitel, a Canadian company, announced a definitive deal to acquire Polycom, a US business, to make a global leader in communications technologies. See press release (April 15, 2016). On June 28, 2016, 74 days after execution of … Continue Reading
