Securities Mergers & Acquisitions Energy & Utilities

Read need-to-know updates, commentary, and analysis on Securities issues written by leading professionals.
News & Analysis as of

NextEra Acquires Hawaiian Utility for $4.3 Billion

NextEra recently acquired Hawaiian Electric Industries (“HEI”) in a transaction valued at $4.3 billion, subject to Hawaii Public Utilities Commission approval and approval by HEI shareholders. HEI shareholders will receive a...more

Mining Company One Day, Technology Company The Next: Explaining The Hype Around Reverse Takeovers/Backdoor Listings

This year has seen a sharp increase in backdoor listings (also known as reverse takeovers) on the Australian Securities Exchange (ASX), to a level that has not been experienced since the peak of the dotcom boom. There has...more

Recent EU Decisions Highlight Risks of “Gun Jumping”

The European Commission (“the Commission”) last month levied a fine of EUR 20 million on Marine Harvest ASA (“Marine Harvest”), a Norwegian seafood company, for acquiring a 48.5% stake in its competitor Morpol ASA (“Morpol”)...more

Investments in LNG Project Companies – Key Issues relating to Shareholding Acquisitions

Along with growth in global demand for natural gas, there has been a corresponding increase in the number and value of LNG project investments worldwide. Such investments may take various forms, depending on, amongst other...more

Asia: Corporate Newsletter - July 2013

Effect of regulatory non-compliance on suitability of listing - Under the Listing Rules, a listing applicant must be considered by the Hong Kong Stock Exchange (SEHK) as suitable for listing before it can be listed....more

New Bill Heightens Potential For More Investment Canada Reviews Of SOE Acquisitions

Last week the Canadian Government introduced amendments to the Investment Canada Act (ICA) to implement its revised policy towards state-owned enterprises (SOEs) which it announced in December last year....more

Private Equity - Spring/Summer 2012

In This Issue: - p1 Jobs Act Implications for Private Equity - p4 Recent Developments in Acquisition Finance - p7 What’s the Deal With Fracking? Regulation, Litigation and Due Diligence - p11 New German Tax...more

Changes to the Mineral Tenure Act Regulation

The good news is that many of the current registration fees will be eliminated including fees for registration of exploration and development work, registration of payment of cash in lieu of work, registration of portable...more

Are Prosecutors Pushing the Envelope Too Far?

Federal prosecutors continue their aggressive enforcement of criminal laws against companies and individuals using aggressive investigative techniques, novel theories and new strategies which are testing the limits of due...more

Anti-Corruption Risks for Private Equity -- Portfolio Companies

The Justice Department and the SEC are targeting private equity companies for anti-corruption enforcement. Private equity companies are most at risk in their ownership of private equity companies....more

QUESTIONING CORPORATE CRIMINAL LIABILITY

The Obama Administration is aggressively prosecuting companies for criminal violations of anti-corruption, health care, labor and environmental laws. This article examines the aruments for and against imposing criminal...more

Update on Take-over Bid Defensive Tactics Law and Regulation in Canada – The Securities and Corporate Disconnect Continues

“… in our view, Neo does not stand for the proposition that the Commission will defer to the business judgment of a board of directors in considering whether to cease trade a rights plan, or that a board of directors in the...more

$9.5 Million Fine is First Significant Action Under Canada's Foreign Corruption Law

On June 24, 2011, after entering a plea of guilty to a charge of bribing a foreign public official, Calgary-based Niko Resources Ltd. (Niko) was sentenced to a fine of approximately $9.5 million and placed on three...more

Nigerian FCPA Bribery Box Score

Opening Day of the Baseball season is fast approaching and perhaps it is time to give a baseball statistician’s view to the Nigerian bribery case. ...more

UTStarcom and Gifts and Entertainment Under the FCPA

To close out the FCPA year, on December 31 the telecom equipment maker UTStarcom Inc. agreed to pay the Justice Department $1.5 million in criminal fines and pay the SEC an additional $1.5 in penalties to resolve Foreign...more

Climate Change Disclosure: A Growing Issue for Publicly Traded Companies

This article explores the issues related to disclosure of climate risk in Securities and Exchange Commission filings and in voluntary climate or environmental reports. It provides recommendations as to how to evaluate what...more

FERC Clarifies Requirement for Advance Approval of Public Utility Company Stock Acquisition by Investment Advisers

In a late November meeting, in response to a request for a disclaimer of jurisdiction by a registered investment adviser, the Federal Energy Regulatory Commission (“FERC”) clarified and confirmed its jurisdiction under the...more

17 Results
|
View per page
Page: of 1

Follow Securities Updates on: