At a time of marked geopolitical uncertainty, governments around Europe are committing to meaningful increases in defence spending, whilst also looking to private capital and investment to supplement public funds. This in...more
If the UK and China were friends on social media, their relationship status would be ‘it’s complicated’. China is integral to many integrated supply chains, globally as well as in the UK, and is also a significant source of...more
During the course of 2023, the screening of foreign direct investment (FDI) continued to be an item at the top of the agenda when planning and executing global M&A transactions, as well as greenfield cross-border investments....more
The UK Government has published its second Annual Report on the functioning of the National Security and Investment regime, providing high-level statistics on how the regime has functioned over the past year. The report...more
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
This year will likely be significant in setting the ambit and intensity in which the High Court reviews decisions made by Government under the National Security and Investment Act 2021 (the "NSIA"). In particular, the High...more
The UK Government has, for one of the very first times, used its new national security powers to intervene in respect of a transaction. This new intervention is in respect of the acquisition of asset development rights to an...more
The CMA has imposed a record fine on an Irish trading software supplier for alleged breaches of a ‘hold separate order’ in relation to the completed purchase of a US rival. This is the latest instance in a string of fines...more