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UK NSIA - Key Takeaways From the Annual Report

The report provides insights into the performance of the National Security and Investment Act. The UK’s Cabinet Office has published its third annual report on the functioning of the National Security and Investment Act...more

Foreign Investment Controls - Are We Seeing a More Nuanced Approach to Private Equity?

Amid FDI screening regime expansion, deal teams have opportunities to capitalise on newly available exemptions, but must beware novel complexities. US intervention in the proposed acquisition of hotel-software company...more

New UK National Security M&A Regime Expected in 2019

In June 2018, the UK adopted new powers to review certain technology related deals on national security grounds, extending the scope and breadth of its control regime to those that concern computing hardware, or quantum...more

New National Security Threat to UK Private Equity Deals

The UK government has assumed an increasingly interventionist approach to foreign takeovers in recent years. In June 2018, the UK adopted new powers to review deals on national security grounds, extending the scope and...more

UK Adopts New Powers To Investigate Smaller Transactions Raising National Security Concerns

The expansion of the UK government’s foreign investment review powers will require additional scrutiny of potential deals for the early identification of additional steps in the regulatory approval strategy. Key...more

Can Overseas Bidders Guard Against M&A Risks in An Increasingly Economically Nationalist Europe?

Growing economic nationalism is threatening to impact M&A across Europe, as governments and regulators take an increasing interest in “foreign” acquisitions of nationally important companies. Deal teams have previously...more

Economic Nationalism Set to Impact M&A Transaction Approvals Across Europe

Growing economic nationalism is threatening to impact M&A across Europe, as governments and regulators take an increasing interest in “foreign” acquisitions of nationally important companies in the name of national security....more

New Foreign Investment Control of UK Critical Infrastructure Projects

Changes will align the UK’s policy framework for ownership and control of critical infrastructure with other major economies. On 15 September 2016, the UK Government announced its delayed approval of the proposed...more

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