Tag Archives: Singapore

Upcoming/New CFIUS Filing: SC Health Corp., SIN Capital Group and Rockley Photonics

Status:  Upcoming/New Filing Acquirer:  SC Health Corp. (Cayman Islands); SIN Capital Group Pte. Ltd. (Singapore) Acquired:  Rockley Photonics, Ltd. (United Kingdom) Value:  US$1.2 billion Industry:  Medical Devices; Healthcare; Consumer Electronics; Integrated Circuits… Continue Reading

Department of Commerce Takes Action Against Avnet Asia for Involvement in Illegally Transshipping Sensitive U.S. Commodities to China and Iran

On January 29, 2021, Department of Commerce’s Bureau of Industry and Security (BIS) announced an Administrative Settlement of $3.2 million (partially suspended) with Singapore-based Avnet Asia Pte. Ltd. (Avnet Asia), a global distributor of electronic components and related software.… Continue Reading

Brookfield Infrastructure Partners, Brookfield Asset Management, GIC Pte, and Genesee & Wyoming

Status:  Upcoming/New Filing   Acquirer:  Brookfield Infrastructure Partners, L.P. (Bermuda); Brookfield Asset Management Inc. (Canada); GIC Pte. Ltd. (Singapore) Acquired:  Genesee & Wyoming Inc. (US) Value:  Approximately US$8.4 Billion Industry:  Transportation… Continue Reading

CFIUS Filing Clearance: ARRIS International plc, Brocade Communications Systems and Broadcom

Status:  Clearance   Acquirer:  ARRIS International plc (England and Wales) Acquired:  Brocade Communications Systems, Inc. (US); Broadcom Ltd. (Singapore) Value:  US$800 million Industry: Telecommunications; Network and Data Solutions; Semiconductors… Continue Reading

CFIUS Filing Withdrawn, Deal Abandoned: NavInfo, Tencent, GIC Pte, and HERE International

Status: Withdrawn and Abandoned   Acquirer: NavInfo Co., Ltd., (China); Tencent Holdings Limited (China); GIC Pte (Singapore) Acquired: HERE International B.V. (Netherlands) Value: Unknown, potentially US$330 million Industry: Technology Services; Software… Continue Reading

CFIUS Filing Withdrawn, Prefiling, Clearance: Golden Gate Capital/GIC Pte. Ltd. and NeuStar, Inc.

Status Update:  Withdrawn, Prefiling, and Clearance   Acquirer:  Golden Gate Capital (US); GIC Pte. Ltd. (Singapore) Acquired:  NeuStar, Inc. (US) Value:  Approx. US$2.9 billion Industry: Technology Services   UPDATE:  “On June 12, 2017, NeuStar received written notification from the Committee on Foreign Investment in the United States (“CFIUS”) that it will not take action to prevent … Continue Reading

Trade Talk: Week in Review (1-7 August 2016)

Singapore – Official Head of State Visit.  On Tuesday, 2 August, President Obama and Prime Minister Lee met in Washington to discuss bilateral relations between their two countries.  The White House released a joint U.S.-Singapore statement detailing cooperative efforts to:  (1) support robust economic cooperation and commercial connectivity and drive innovation; (2) enhance security and … Continue Reading

CFIUS Clearance: Suzhou Dongshan Precision Manufacturing Co., Ltd. and Multi-Fineline Electronix, Inc.

Status:  Clearance   Acquirer:  Suzhou Dongshan Precision Manufacturing Co., Ltd. (China) Acquired:  Multi-Fineline Electronix, Inc. (US) Value:  US$610 million Industry: Printed Circuit Boards   The $610 million acquisition by Suzhou Dongshan Precision Manufacturing Co., Ltd. (“Suzhou”), of Irvine, CA based Multi-Fineline Electronix, Inc. (“MFLX”) was cleared on June 2, 2016 by CFIUS, which issued a … Continue Reading
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