CFIUS Clearance: Huatai Securities, AssetMark Financial Holdings and WBI OBS Financial

Status: Clearance Acquirer: Huatai Securities Co., Ltd. (China); AssetMark Financial Holdings, Inc., (US) Acquired: WBI OBS Financial, LLC (US) Value: US$18.4 million Industry: Financial Services On September 30, 2019, AssetMark Financial Holdings, Inc. (NYSE: AMK), a “provider of extensive wealth management and technology solutions that power independent financial advisers and their clients,” (AssetMark Financial Holdings, Inc., … Continue Reading

CFIUS Clearance: Orolia SA and Talen-X, Inc.

By Trade Practitioner on September 25, 2019 Posted in CFIUS Case Summaries, Clearance, Europe & Central Asia, France, US

Status: Clearance Acquirer: Orolia SA (France) Acquired: Talen-X, Inc. (US) Value: Unknown Industry: Telecommunications; Communications Equipment Manufacturing UPDATE: On September 18, 2019, Orolia Defense & Security announced it “has completed the acquisition of TalenX, a U.S. company specializing in advanced Global Navigation Simulation System (GNSS) solutions and Interference, Detection, and Mitigation (IDM) technologies.” (Press Release, … Continue Reading

CFIUS Filing Cleared: Ultra Electronics Holdings and Sparton Corporation

By Trade Practitioner on January 29, 2018 Posted in CFIUS Case Summaries, Clearance, United Kingdom, US

Status: Clearance Acquirer: Ultra Electronics Holdings plc (England and Wales) Acquired: Sparton Corporation (US) Value: Approx. US$234.8 million Industry: Integrated Circuits; Electronic Engineering; Electronic Manufacturing… Continue Reading