Troutman Pepper advised BW Digital Pte. Ltd – an affiliate of BW Group Limited – and international counsel Stephenson Harwood (Singapore) Alliance, with respect to U.S. law and regulatory aspects of BW Digital’s acquisition of 100% of Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited (Hawaiki). Read BW Group’s announcement online here.

The transaction has now been consummated, following the successful issuance of all necessary regulatory approvals. In the U.S., the transaction was reviewed or approved by the Federal Communications Commission (the FCC), the Committee on Foreign Investment in the United States (CFIUS), and the Committee on Foreign Participation in the U.S. Telecommunications Sector (Team Telecom).

The Hawaiki Submarine Cable is a cross-sectional fiber optic cable between the U.S. and Oceania (which links 15,000 km between landing stations in Australia, New Zealand, American Samoa, Hawaii, and the West Coast of the U.S.) and has become a critical infrastructure asset in the region.

The Troutman Pepper corporate team was led by Partner Matt Greenberg. The CFIUS approval process was led by Partner Dan Anziska and Associate Brielle Landis. The FCC and Team Telecom approval process was led by Partner Marc Machlin and Associate Suzanne Soboeiro.