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Increasing European defence budgets: what are the implications for government contractors and investors?

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

FDI Outlook 2025: Navigating National Security Reviews in a Transforming Global Landscape

As 2025 begins, the foreign direct investment (FDI) landscape continues to evolve at a rapid pace. Driven by geopolitical shifts, technological advancements, and changing regulatory priorities, businesses must navigate an...more

Foreign direct investment (FDI) global legal guide

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

A new College of European Commissioners-designate and a new mandate: what does the future hold for the next European Commission?

On 17 September 2024, European Commission President-elect Ursula von der Leyen presented to the European Parliament her proposed team of Commissioners-designate together with their portfolios for the next European Commission...more

Make Europe safe again – EU Commission proposal aims to take FDI screening to the next level

The EU Commission presented the long-awaited European Economic Security Package ("EESP"), a toolkit to ramp-up European action in investment, trade and research in the face of rising geopolitical tensions, geo-economic...more

French government extends the scope of application of the French Foreign Direct Investment screening regime

France is currently strengthening its foreign direct investment (“FDI”) screenings regime. In addition to the new resources allocated to the Government unit in charge of the French FDI laws, the French government adopted, on...more

Belgian FDI regime enters into force on 1 July 2023

On 1 July 2023, the Belgium foreign direct investment ("FDI") screening regime enters into force. The regime will add scrutiny for non-EU companies planning investments in targeted sectors and will create additional...more

Foreign Direct Investment (FDI) – Global Legal Guide

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

FDI Outlook 2023 – What to expect from national security reviews in the new year

With 2023 only a few days old, many predictions are out there about what the New Year holds for investment and M&A activity. While it is hard to prophesy, particularly in such unprecedentedly turbulent times, one legal trend...more

Second Annual Report on FDI Screening highlights importance of FDI in M&A transactions

In its Second Annual Report on the screening of foreign direct investment (FDI) into the Union, the EU Commission takes stock of the FDI screening rules at both EU and Member State level. Today, 25 out of 27 Member States...more

Kartellrechts-Radar Frühling 2022

Das Bundeskartellamt nimmt derzeit verstärkt zu den kartellrechtlichen Grenzen bei Preissteigerungen Stellung. Bundeskartellamt zu der aktuellen Entwicklung der Kraftstoffpreise Auf Veranlassung von Wirtschaftsminister Habeck...more

Kartellrechts-Radar Winter 2021/2022

EU Kommission nimmt Absprachen im Personalbereich in den Blick EU-Wettbewerbskommissarin Margrethe Vestager hat in einer Rede am 22. Oktober 2021 in Rom („A New Era of Cartel Enforcement“) ausdrücklich betont, dass die...more

Germany reforms Critical Infrastructure Ordinance with significant impact on FDI rules

On 1 January 2022, Germany renewed its ever tougher FDI rules yet again. The reform expands definitions of so-called critical infrastructures, especially but not only in the areas of IT services and energy. Indirectly, this...more

EU foreign direct investment screening: lessons learnt after a year in motion

In its First Annual Report on the EU Foreign Direct Investment (FDI) Screening Regulation and Member States’ individual screening mechanisms, the European Commission takes stock of the first year of implementation of the new...more

MORE, MORE, MORE! German government plans another far-reaching expansion of foreign investment control

Foreign investment control has become a key factor in M&A deals and 2020 was a particularly eventful year. A large number of countries have recently introduced foreign investment control regimes (or tightened their existing...more

At last the EU foreign direct investment screening becomes fully applicable

The long-awaited application of the European Union (EU) Regulation on a framework for the screening of foreign direct investment (FDI) in the EU started yesterday, 11 October 2020. It is still early days to anticipate how the...more

Is national security a game changer for European foreign investment reviews and M&A transactions?

Governments all over the world are continuing to take steps to strengthen their powers to intervene in foreign direct investments ("FDI") into their countries. These changes come at a time of increased scrutiny of foreign...more

New Boundaries for the Infrastructure M&A sector: German government approves draft regulation aimed at the further tightening of...

The overall ongoing trend in major Western economies of tightening Foreign Investment Control is not being overlooked in Europe. As these new measures also particularly affect disposals and acquisitions of German "critical...more

Europe doubling down on foreign takeovers amid COVID-19 crisis

The disruption linked to COVID-19 already affects the global economy significantly, including M&A transactions in Europe and across the globe. On the regulatory side, many deals face challenges caused by national authorities'...more

Industrial policy strikes again: Germany announces further tightening of Foreign Investment Control rules

For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an indispensable standard element to assess when structuring deals and planning for regulatory review. Similarly to merger control,...more

Foreign Investment Control on the Rise – New List of EU Member States’ FDI Screening Mechanisms

Foreign direct investment (“FDI”) screenings have become a relevant factor for global transactions in recent years. More and more jurisdictions are introducing or ramping up their powers for scrutinising FDI, which parties to...more

A New European Deal?

German Minister of Economics suggests revising EU and German merger control regulations to enable the creation of European champions – and keeps FDI options on the table to prevent acquisitions by non-European players....more

Foreign investment filings and merger control filings: navigating the European and global regulatory seas when your company...

The European Union (EU) has recently proposed new rules establishing a framework for the review of foreign investments in the EU on the grounds of security or public order (“Commission Proposal”)....more

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