28Jul
Alert: UK Government Extends Powers to Intervene in Mergers on Public Interest Grounds
In the UK, there is currently no separate foreign direct investment (FDI) screening regime. Instead, the UK government can only intervene in limited circumstances where a transaction raises at least one of the following public interest issues: national security, financial stability, media plurality and, as of June 23, public health emergencies. At the time of writing, the government has intervened in 20 transactions in this way,2 notably without blocking any deals....
By:
Cooley LLP
Related
In our latest episode of Continuity, Blakes lawyers Rory ffrench and Cassandra Brown tackle market-r...
Read More >
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act (“SECURE Act”)...
Read More >
Seyfarth Synopsis: Many states and cities have recently enacted laws prohibiting employers from inqu...
Read More >
The Texas Legislature’s 86th session adjourned on May 27, 2019, and there is little likelihood that...
Read More >
In today’s edition of Daily Compliance News: 1. GOP chair of SEC voted against penalizing Wells Fa...
Read More >
The outbreak of COVID-19 has challenged businesses across the board in unprecedented ways. Major con...
Read More >