Answer â Timeline and Regulatory Approvals
Based on the brief BusinessâŻWire release that you provided, the news release does not contain any specific details about:
- The expected closing date (e.g., âthe transaction is expected to close in Q3âŻ2025,â âclosing expected by the end of 2025,â etc.), or
- Any required regulatory or thirdâparty approvals (e.g., antitrust clearance, foreignâinvestment approval, or other governmental consents) that must be obtained before the transaction can be completed.
What is typically stated in a definitiveâagreement announcement (when the information is disclosed):
Item | Typical language (if disclosed) |
---|---|
Closing timeline | âThe transaction is expected to close in the fourth quarter of 2025, subject to the satisfaction of customary closing conditions.â |
Regulatory approvals | âThe transaction is subject to receipt of all required regulatory approvals, including but not limited to Australian competition law clearance and any applicable U.S. foreignâinvestment approvals.â |
Other conditions | âThe closing is also subject to the execution of definitive transaction documents and the approval of the Helios Board of Directors and the relevant shareholders.â |
In this particular announcement (the excerpt you shared), none of these items were disclosed. Therefore, the exact timeline for the dealâs closing and the specific regulatory approvals required remain unpublished in the summary you have provided.
What to Do Next
Read the full press release (or the accompanying FormâŻ8âK/10âK filing with the SEC) for any âClosing Conditionsâ and âRegulatory Approvalsâ sections. Those documents usually list:
- Target closing date (e.g., âby DecemberâŻ31âŻ2025â or âwithin 60âŻdays of the signing dateâ),
- Specific approvals required (e.g., Australian Competition and Consumer Commission (ACCC), U.S. Committee on Foreign Investment (CFIUS), or other jurisdictional bodies).
- Target closing date (e.g., âby DecemberâŻ31âŻ2025â or âwithin 60âŻdays of the signing dateâ),
Monitor subsequent filings (e.g., a âClosing of Transactionâ press release or a 8âK âOther Eventsâ filing) for the actual date the transaction closed and for confirmation that all required approvals have been obtained.
Bottom line: The current news brief does not specify a closing timeline nor the specific regulatory approvals required; those details would be found in the full definitiveâagreement documentation or a more detailed press release. If you need precise dates and the list of required approvals, youâll need to review the full Helios Technologies press release or its SEC filings.