Status: Clearance Acquirer: ZF Friedrichshafen AG (Germany) Acquired: WABCO (US) Value: US$7 billion Industry: Automotive UPDATE: On March 24, 2020, WABCO Holdings Inc. and ZF Friedrichshafen AG “announced that they have received all approvals from regulatory authorities required to close their previously announced merger . . . .” (Press Release, WABCO Holdings Inc., Form 8-K, … Continue Reading
North Korea – New U.S. Sanctions Announced. On Wednesday, the Obama Administration announced sanctions designations targeting senior North Korean officials, including Kim Jong Un. The U.S. Department of State issued a report identifying individuals and entities responsible or associated with serious human rights abuses or censorship in North Korea. In tandem, the U.S. Department of … Continue Reading
TPP Text Release Delayed, While the Obama Administration Strongly Advocates for the Deal. On Thursday, Agriculture Secretary Tom Vilsack sought to explain the delay around publicly releasing the final text of the Trans-Pacific Partnership (TPP), attributing it to the Canadian election. Reports around Washington indicate the release of the text is weeks away. At a … Continue Reading
