Tag Archives: regulatory

Lockheed Says Sikorsky Buy to Close Friday After China Clears Deal, All Regulatory Approvals Complete

China’s commerce ministry has cleared Lockheed Martin‘s (NYSE: LMT) estimated $9 billion purchase of the helicopter manufacturer Sikorsky Aircraft to mark the final regulatory approval required for the deal. Lockheed announced the review’s completion Tuesday and said it expects the transaction to close Nov. 6. The company needed approval from eight …

Read More »

Report: DOJ Could Approve DigitalGlobe-GeoEye Merger This Month

The proposed $900 million cash-and-stock merger between DigitalGlobe (NYSE: DGI) and GeoEye (NASDAQ: GEOY) is expected to receive regulatory approval later this month, Reuters reports. Andrea Shalal-Esa and Diane Bartz report the U.S. Justice Department could wrap up its review of the transaction by mid-January but could delay action after William …

Read More »

BAE Adding Marine Hydraulics Intl to Ship Repair Division; Bill Clifford Comments

BAE Systems‘ U.S. subsidiary has agreed to acquire the Norfolk, Va.-based ship repair firm Marine Hydraulics International from American Maritime Holdings, BAE announced Thursday. Terms of the deal were not disclosed and BAE expects to close the transaction during the first quarter of 2013, pending regulatory approval. BAE said it …

Read More »