🏦Notice on Bank Holding Company Formations and Acquisitions
The Federal Reserve has issued a notice regarding applications for the formation of bank holding companies, acquisitions, and mergers. The public can review these applications and comment on them, with details concerning how to submit feedback. This aligns with the Bank Holding Company Act and regulatory requirements in the financial sector.
Learn More🚌Tentative Approval for ISQ Bus BidCo Acquisition of A&S Transportation
On April 25, 2025, the following entities filed an application to acquire from Mobico Group PLC (the Seller) indirect control of the Seller's North American home-to-school transportation entities, which include regulated interstate passenger motor carriers (the Acquired Regulated Entities): ISQ Bus BidCo, Inc. (BidCo); ISQ Global Infrastructure Fund III (UST) Bus AIV, LP (Fund UST); ISQ Global Infrastructure Fund III (USTE) Bus AIV, LP (Fund USTE); ISQ Global Infrastructure Fund III Bus AIV, LP (Fund AIV); and ISQ Global Infrastructure Fund III (EU) Bus AIV, LP (Fund EU) (collectively, the Applicants). The Board is tentatively approving and authorizing the transaction, and, if no opposing comments are timely filed, this notice will be the final Board action.
Learn More🚂Portland & Western Railroad Acquisition and Operation Exemption
The Surface Transportation Board has approved Portland & Western Railroad, Inc.'s exemption to acquire and operate 1.01 miles of rail line near Banks, Oregon. The transaction involves a purchase agreement with the Port of Tillamook Bay and indicates no current customers or operating employees on the line. Regulatory compliance and labor notice requirements are also addressed.
Learn More🏛️Executive Order 14275
Executive Order 14275 focuses on reforming the Federal Acquisition Regulation (FAR) to improve efficiency in federal procurement. It emphasizes creating a streamlined process by eliminating unnecessary regulations while safeguarding economic and national security interests. The order mandates revisions to the FAR and the alignment of agency supplements, aiming for a more effective procurement system that supports both industry growth and government accountability.
Learn More🚆Norfolk Southern's Proposed Acquisition of Norfolk & Portsmouth Belt Line
Norfolk Southern Corporation and Norfolk Southern Railway Company (collectively, Applicants) are seeking Board approval to acquire control of Norfolk & Portsmouth Belt Line Railroad Company (NPBL). In this decision, the Board is publishing notice of the proposed procedural schedule, inviting public comments on that schedule, and designating 2023 as the year to be used for the impact analysis.
Learn More🏦Guidelines on Bank Control Notices and Share Acquisitions
This document announces applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It outlines the processes for public comment, disclosure requirements, and the review process by the Federal Reserve, providing essential information for stakeholders in the banking industry.
Learn More⚔️Modernizing Defense Acquisitions and Boosting Innovation
Executive Order 14265 is focused on reforming the defense acquisition processes to enhance procurement efficiency and innovation within the U.S. defense industrial base. It emphasizes the need for a comprehensive overhaul to boost military capabilities, streamline compliance, and incentivize risk-taking and innovative solutions within the defense sector. The order mandates a review of acquisition programs and workforce restructuring to align with strategic objectives.
Learn More🏦Change in Bank Control Notices Impacting Acquisitions of Banks
The Federal Reserve System announces applications for bank control changes under the Change in Bank Control Act. This includes public comment opportunities and guidelines for the review of acquisition applications pertaining to bank shares. It highlights the regulatory considerations and compliance for potential stakeholders involved in bank ownership changes.
Learn More🏦Federal Reserve Change in Bank Control Notices Overview
The Federal Reserve announces changes regarding bank control notices, addressing acquisitions of bank shares under the Change in Bank Control Act. The document outlines the submission process for public comments and details relevant parties involved in the applications, providing insights for stakeholders in the financial sector.
Learn More📜Business Implications of DFARS Service Contracting Regulations
The Defense Acquisition Regulations System has submitted to OMB for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act.
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