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/
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