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25Jun

New UK Government powers to scrutinise M&A deals on public health and national security grounds

On 21 June 2020, the UK Government announced that it is introducing emergency legislation that will bolster its powers to scrutinise, and potentially block, foreign takeovers on new public interest grounds, namely: ..to maintain domestic capability to combat and mitigate the effects of the COVID-19 pandemic and future public health emergencies; and ..to broaden the scope of transactions reviewable on national security grounds to those touching artificial intelligence (AI), cryptographic...
By: Bryan Cave Leighton Paisner
Source Url: https://www.jdsupra.com/legalnews/new-uk-government-powers-to-scrutinise-47623/

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