Status: New filing
Acquirer: Avast Holding B.V. (The Netherlands)
U.S. Business: AVG Technologies N.V. (The Netherlands)
Value: Approximately US$1.3 billion
Industry: Security Software Development
Avast Software B.V., a direct wholly owned subsidiary of Avast Holding B.V., both limited liability companies organized under the laws of The Netherlands, filed with the SEC an amendment to its Tender Offer Statement noting that a voluntary pre-filing draft notice to CFIUS had been filed on August 4, 2016 in relation to its July 29, 2016 tender offer to purchase all the outstanding shares of AVG Technologies N.V., a public limited liability company organized under the laws of The Netherlands, listed on the New York Stock Exchange, and a U.S. Business under the CFIUS regulations. See SEC filing here; see also Avast Software press release here. According to the SEC filing, “The Department of the Treasury has informed the parties that its review of the transaction commenced on August 22, 2016 and has confirmed that its deadline for completion of the review is September 20, 2016.”