Status: No Action Acquirer: Novartis AG (Switzerland) Acquired: Endocyte, Inc. (U.S.) Value: $2.1 billion Industry Tags: Health Care; Pharmaceutical; Biotechnology… Continue Reading
Status: Terminated Acquirer: HNA Innovation Finance Group Co., Ltd. (China) Acquired: US assets from Glencore plc Value: Approx. US$196 million Industry: Oil and Gas; Logistics UPDATE: In September 2018, Glencore plc and HNA Innovation Finance Group Co. Ltd. “agreed to terminate the sale” of its U.S. assets. (Glencore plc, Annual Report 2018 at 176.) News … Continue Reading
On 22 November, the Swiss Federal Council introduced UN sanctions against the Republic of Mali, which include travel bans and asset freezes. The sanctions target individuals and entities acting directly or indirectly to undermine peace, security and stability in the country. Switzerland’s media release can be read here.… 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
