Tag Archives: merger

Upcoming/New CFIUS Filing: Argo Infrastructure Partners and MIC Hawaii business of Macquarie Infrastructure Corporation

Status:  Upcoming/New Filing Acquirer:  Argo Infrastructure Partners, LP (U.S.) Acquired:  MIC Hawaii business of Macquarie Infrastructure Corporation (U.S.) Value:  US$514 million Industry:  Energy; Regulated Utilities… Continue Reading

Accounting for CFIUS Regulatory Risk in Transactions Involving Property Rights at Airports and Maritime Ports

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

CFIUS Filing Clearance: Caisse de dépôt et placement du Québec, PSP Investments, National Pension Service of Korea, Blackstone Group, and TeamHealth Holdings, Inc.

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

CFIUS Filing Clearance: Tyco International plc and Johnson Controls, Inc.

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

CFIUS Clearance: Mitel Networks Corporation and Polycom, Inc.

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 Mitel press release (April 15, 2016).   On June 28, 2016, 74 days … Continue Reading
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