Introduction This publication provides an overview of important additions and changes to foreign direct investment (“FDI”) control regimes in Europe, which impose regulatory obligations on M&A transactions: Belgium, Ireland, the Netherlands, Slovakia and Sweden. The number of new and revised FDI control regulations across many jurisdictions has been increasing in response to geopolitical tensions … Continue Reading
On January 18, 2023, Cleveland-Cliffs Inc. and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, filed a petition to impose (a) antidumping (AD) duties on imports of Certain Tin Mill Products from Canada, China, Germany, Netherlands, South Korea, Taiwan, Turkey and the United Kingdom; and, (b) countervailing … Continue Reading
On September 13, 2017, the European Commission published the draft of the EU regulation establishing a common European framework for the review of incoming foreign direct investment (FDI), akin to the process in the US administered by Committee on Foreign Investment in the US (CFIUS).… Continue Reading
Status Update: Clearance Acquirer: Avast Holding B.V. (The Netherlands) Acquired: AVG Technologies N.V. (The Netherlands) Value: Approximately US$1.3 billion Industry: Software; Cybersecurity UPDATE: In relation to Avast Software B.V.’s July 29, 2016 Offer to Purchase the remaining outstanding ordinary shares of AVG Technologies N.V., the parties reported “submitted a voluntary pre-filing draft notice to CFIUS” on … Continue Reading
Status: Clearance Acquirer: ASML Holding NV (The Netherlands) Acquired: Hermes Microvision, Inc. (Taiwan) Value: Approx. NT$100 billion (US$3.1 billion) Industry: Semiconductors ASML Holdings NV, a Netherlands company that manufactures “chip-making equipment,” announced on October 26, 2016, that it received all necessary regulatory clearance, including from the Committee on Foreign Investment in the United States (CFIUS), … Continue Reading
TPP Developments – Prospects for Congressional Action Dim. The hostile political environment toward trade continues to dim the prospects that Congress would likely move this year on a bill to implement the Trans-Pacific Partnership (TPP). Both leading presidential candidates – Mr. Trump and Secretary Clinton – have stated their opposition to the TPP deal. Secretary … Continue Reading
Status: Withdrawn; Abandoned Acquirer: GO Scale Capital (China); GSR Ventures (China); Oak Investment Partners (US); Asia Pacific Resource Development (China); Nanchang Industrial Group (China) Acquired: Lumileds (Netherlands) Value: Approximately US$2.9 billion Industry: Semiconductors… Continue Reading
