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
Source Url: https://www.jdsupra.com/legalnews/alert-uk-government-extends-powers-to-12743/
Related
The most recent installment of the Restricting Covenant Series was inspired by the Jeopardy! tournam...
Read More >
New Jersey businesses will now face an increased slate of potential penalties for misclassification ...
Read More >
New California Law Creates Legal Test for Determining Who is an “Employee” - In the wake of Assem...
Read More >
On 13 December 2019 the U.S. Department of Justice's (DOJ) National Security Division (NSD) announce...
Read More >
As the father of two teenage daughters, one of whom is driving and entering her senior year in high ...
Read More >
In response to the #MeToo movement, New York State has led the way in enacting legislation to expand...
Read More >