Bottom Line

• MERGERS. Zoomlion, a Chinese construction equipment manufacturer, has offered to merge with Connecticut-based manufacturing company Terex and is getting lobbying help as it tries to seal the deal. It hired the global law firm Covington & Burling, in addition to Republican firm Harbinger Strategies and Democratic firm Subject Matter. Lobbying disclosure forms say the three firms will be working on the “potential transaction with Terex Corporation.”

• Another Chinese company, Anbang Group Holdings, has emerged as “one of China’s most prominent overseas acquirers,” according to Bloomberg. It has brought on Mehlman Castagnetti Rosen & Thomas to work on “issues related to potential business acquisitions,” forms say. Anbang offered to purchase Strategic Hotels & Resorts Inc. from private equity firm Blackstone Group for about $6.5 billion — an amount sources tell Bloomberg amounts to “the largest U.S. real estate purchase by a buyer from mainland China.” In addition to that deal, Anbang became involved in an intense bidding war for Starwood Hotels & Resorts Worldwide and purchased the Waldorf Astoria hotel in New York. 

• ENVIRONMENT. The Louisiana Oyster Dealers & Growers Association has hired Sebastian O’Kelly, a former Commerce Department official, for help with funding in congressional appropriations bills. According to disclosure forms, he will be “encouraging improved Army Corps environmental assessments of the impact of navigation and coastal restoration projects on Gulf of Mexico oysters” and lobbying for a “Gulf of Mexico oyster recovery plan” in the Water Resources Development Act reauthorization. O’Kelly, who served as the fisheries ombudsman in the National Oceanic and Atmospheric Administration, also has Capitol Hill experience in a Senate committee.

• TECHNOLOGY. Comcast added another firm to its roster, Thorn Run Partners, to lobby on “general telecommunications issues, program carriage issues, cybersecurity and intellectual property.” The move brings the company’s lobbying arsenal to almost 40 firms.


This post was updated on Tuesday, May 10 at 2:15 p.m. A previous version incorrectly stated that the Zoomlion merger was structured as an inversion.