24Jun
UK ushers in new foreign takeover restrictions for Coronavirus-critical businesses and national security activities
The UK government has tabled changes to the Enterprise Act 2002 to expand the circumstances in which the government will be empowered to review foreign takeovers of UK companies. The new rules will allow the government to intervene in foreign takeovers of businesses that are directly involved in the Coronavirus response. Preserving the UK’s Coronavirus-critical companies - In recognition of the vulnerable state that the COVID-19 outbreak has left many businesses, the government laid...
By:
White & Case LLP
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