News & Analysis as of

Merger Controls Foreign Direct Investment Mergers

Ropes & Gray LLP

Irish Merger Control Update and Outlook for 2025

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In February 2025, the Competition and Consumer Protection Commission (CCPC) published its annual report on mergers and acquisitions, providing details on the transactions reviewed by the CCPC in 2024. This update provides our...more

A&O Shearman

Uncertain regulatory climate makes deal protections crucial

A&O Shearman on

Regulatory intervention levels are rising. The concerns of antitrust authorities and foreign investment (FDI) regulators are evolving and can be unpredictable. Allocation of merger control execution risk in deal documents...more

Hogan Lovells

The Foreign Investment Screening Regime comes into force in Ireland

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In line with international and European developments, Ireland has introduced a new regime to provide for a process to allow for certain transactions that may present risks to the security or public order of the State to be...more

Alston & Bird

European Commission Opens First M&A In-Depth Investigation Under the Foreign Subsidies Regulation

Alston & Bird on

Our Antitrust Team reviews how the European Commission is using the Foreign Subsidies Regulation (FSR) and, for the first time, performed an in-depth investigation into whether the acquirer of a company with activities in the...more

Latham & Watkins LLP

UK Open for M&A - Government Seeks Evidence on National Security and Investment Act Scope

Latham & Watkins LLP on

The UK government is considering steps to make the regime more business-friendly, while maintaining and refining essential national security protections. The National Security and Investment Act 2021 (NSIA), the UK’s first...more

BCLP

The Year Ahead for M&A Regulation in Brussels - BCLP’s Top 5 Things to Watch in 2024

BCLP on

2024 is shaping up to be a year of significant change in Brussels. European Parliamentary elections in June will be followed by the appointment of a new Commission in the autumn....more

Hogan Lovells

From predictable paths to uncharted waters: Navigating modern merger rules

Hogan Lovells on

From a regulatory perspective, mergers and acquisitions is undergoing a significant transformation, marked by an increased intricacy and unpredictability. Companies engaged in transactions are confronted by a growing number...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 30th, 9:30 am CEST

McDermott Will & Emery on

As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

McDermott Will & Emery

[Webinar] Preparing for Foreign Subsidies Regulation (FSR) - June 26th, 3:30 pm CEST

McDermott Will & Emery on

As the European Commission prepares to enforce the recently adopted Foreign Subsidies Regulation (FSR) and its implementation is imminent, it is time to prepare for this new regulatory framework. Join us, together with...more

American Conference Institute (ACI)

[Event] 4th European Forum on FDI Reviews and CFIUS - June 7th - 8th, London, United Kingdom

Hosted by C5, the 4th European Forum on FDI Reviews and CFIUS returns for another exciting year with curated programming that will help you navigate emerging complex National Security Reviews across the UK and EU....more

Hogan Lovells

Foreign Direct Investment (FDI) – Global Legal Guide

Hogan Lovells on

The increasing number and complexity of foreign direct investment (FDI) screening regimes requires careful navigation when planning and executing global M&A transactions, as well as greenfield cross-border investments. In...more

BCLP

The year ahead in Brussels - the European Commission’s expanding scrutiny of M&A

BCLP on

As we enter 2023, the European Commission is redoubling its efforts to scrutinise transactions on a variety of bases. The focus has been on the digital sector for some time, but the impact of the Commission’s expanding...more

Hogan Lovells

Italian Government’s "golden powers" of intervention in FDI now allows pre-filing of transactions

Hogan Lovells on

Italian government’s so-called "golden powers" of intervention in foreign direct investments involving companies operating in sectors strategic for the national interest were originally introduced by Law Decree No. 21 of 15...more

Hogan Lovells

Hungarian FDI veto lifted after pressure from EU Commission – all's well that ends well or dangerous precedent?

Hogan Lovells on

For the first time ever, the EU Commission has issued a decision on the relationship between EU merger control law and national FDI screening rules. It found that the Hungarian Government's veto of Vienna Insurance Group's...more

White & Case LLP

Policy shifts may signal a new chapter in the story of globalization

White & Case LLP on

Globalization may be evolving, as nations and regions reassert their regulatory powers on a wide range of issues including trade, competition and national security. The economic lessons of COVID-19 and growing concerns about...more

A&O Shearman

Antitrust in focus - January 2022

A&O Shearman on

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Stefanie Benson, counsel based in Sydney, is our editor this month (learn more about Stefanie in our Q&A feature at...more

A&O Shearman

The M&A Landscape in 2022: A global picture

A&O Shearman on

Global M&A markets recorded another year of extraordinary growth in 2021 with transaction values soaring to a new record high of nearly USD6 trillion. As 2022 begins, we examine what underpinned that growth and ask if it can...more

BCLP

EU/UK Merger Control - Five Trends to Watch in 2022

BCLP on

2022 is shaping up to be another year of significant merger control and foreign direct investment (“FDI”) developments. The use of Article 22 of the EU Merger Regulation (“EUMR”) might jeopardise the European Commission’s...more

Skadden, Arps, Slate, Meagher & Flom LLP

‘Power to the People’: Long-Awaited UK Report Calls for Streamlining and Enhanced Legal Predictability in UK Antitrust Regime

Commissioned by the U.K. government to review its antitrust regime, Conservative Member of Parliament John Penrose’s “Power to the People” report proposes streamlined, modest changes rather than wholesale reform to the...more

White & Case LLP

Broadening the scope further – Draft revision of German FDI rules published for further consultation

White & Case LLP on

On January 22, 2021, the German Federal Ministry for Economic Affairs and Energy has published the anticipated draft revision of the German Foreign Trade and Payments Ordinance to align the scope of review more closely with...more

White & Case LLP

Foreign direct investment reviews 2020: A global perspective - European Union

White & Case LLP on

In a regime undergoing rapid change, investment screening is currently "light," with red tape increasing for European inbound investment - While there is still no standalone foreign direct investment (FDI) screening at...more

White & Case LLP

EU flexes its muscles on foreign-subsidised acquisitions and market distortions

White & Case LLP on

On 17 June 2020, the European Commission published a White Paper seeking views on three powerful new tools to control the acquisitions and activities of foreign subsidised companies in the EU:1 (i) a general ex post control...more

Jones Day

European Commission to Expand Oversight of Foreign Subsidies - Investments in the European Union subsidized by non-EU governments...

Jones Day on

The European Commission is expected to issue a White Paper on an Instrument on Foreign Subsidies on June 17, as anticipated in its 2020 work program. The Commission's White Paper will address the perception that foreign...more

Jones Day

Germany Tightens Foreign Direct Investment Control in Light of COVID-19 Pandemic - COVID-19-related amendment expands the scope of...

Jones Day on

On May 20, 2020, the German Federal government adopted the 15th amendment to the Foreign Trade and Payments Ordinance (AWV). The changes to the AWV will be effective shortly, after publication in the Federal Gazette. ...more

White & Case LLP

German government strengthens foreign direct investment (FDI) scrutiny in healthcare sector

White & Case LLP on

On April 28, 2020, the Federal Ministry of Economic Affairs and Energy (BMWi) published a draft for the 15th amendment to the Foreign Trade and Payments Ordinance (AWV). The changes are expected to be effective shortly after...more

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