News & Analysis as of

Foreign Investment UK Competition and Markets Authority (CMA) Mergers

A&O Shearman

Antitrust in focus - March 2025

A&O Shearman on

Our global antitrust enforcement report reveals significant increase in overall fines - In the latest edition of our annual report, we identify the major trends and developments in antitrust enforcement worldwide in 2024 and...more

White & Case LLP

Transatlantic transactions: Uncertainty is the “new normal” for US-Europe M&A, but deals will get done

White & Case LLP on

The pro-business agenda of the new US administration looked set to boost outbound M&A into Europe in 2025, but tariff announcements and geopolitical tumult mean that dealmakers are holding fire for now - Following a year...more

Baker Botts L.L.P.

New Strategic Steer for the CMA Aims to Foster Innovation and International Investment

Baker Botts L.L.P. on

A new strategic steer[1] published by the UK Government for consultation on 13th February 2025 seeks to change the CMA’s direction, focusing on growth and promoting investment in the UK via a series of measures aimed at...more

A&O Shearman

Global M&A Insights Q4 2024

A&O Shearman on

Welcome to the latest edition of M&A Insights, where we bring together partners from across the A&O Shearman network to explore the themes shaping global dealmaking. The election of Donald Trump as President is expected to...more

A&O Shearman

Global M&A Insights Q4 2024 - introduction

A&O Shearman on

In our biannual M&A trends report we explore the possible impact of the new U.S. administration on dealmaking, the dynamics of transatlantic M&A, private equity exits, and Mario Draghi’s proposals to reshape the European...more

A&O Shearman

Antitrust in focus - January 2024

A&O Shearman on

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Noah Brumfield, partner based in Washington, D.C. and Silicon Valley, is our editor this month. He has selected: ...more

A&O Shearman

Antitrust in focus - October 2023

A&O Shearman on

The Foreign Subsidies Regulation (FSR) establishes a new regime, enforced by the European Commission (EC), to regulate subsidies granted by non-EU countries to businesses active in the EU that could distort competition in EU...more

Morgan Lewis

FDI Screening Alert: Challenges for Sensitive Technology Deals in Germany and United Kingdom

Morgan Lewis on

Two major transactions have recently faced headwinds in Germany and the United Kingdom, jurisdictions traditionally perceived as investor friendly. Specifically, Taiwanese-based investor GlobalWafers Co. Ltd. failed to obtain...more

BCLP

Highly impactful - UK National Security & Investment Bill introduces mandatory Government review of a wide range of transactions

BCLP on

On 11 November, the UK Government introduced to Parliament the long-awaited National Security and Investment Bill. The Bill, which is expected to be enacted in Spring 2021, is a transformative event for investors in UK...more

Skadden, Arps, Slate, Meagher & Flom LLP

Conservative Party Win Paves Way for Reforms to UK National Security Reviews

The Conservative Party’s conclusive win in the U.K.’s recent general election paves the way for long-anticipated and decisive reforms to the country’s national security screening regime. The government first outlined its...more

Jones Day

Jones Day Talks: Oversight of Foreign Direct Investment in the UK

Jones Day on

The United Kingdom is taking a careful look at potential direct investments by foreign entities. While the UK certainly works hard to attract investor interest, concerns relating to certain sectors can trigger government...more

A&O Shearman

National interest screening: a growing challenge for international transactions?

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The proliferation of merger control regimes around the world – and the resulting need to consider potential notification requirements in multiple jurisdictions – poses an increasing burden for businesses seeking to make...more

Latham & Watkins LLP

New UK National Security M&A Regime Expected in 2019

Latham & Watkins LLP on

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

Jones Day

UK Cites Security Reasons for Proposed Deal Notification Regime

Jones Day on

A consultation paper on national security and investment published by the UK government advocates extensive changes to current provisions regarding foreign investment in UK businesses. In essence, the proposed changes would...more

Latham & Watkins LLP

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

Latham & Watkins LLP on

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 Points: ...more

Cooley LLP

Alert: UK Government Introduces Lower National Security Merger Review Thresholds

Cooley LLP on

Under new measures coming into force on 11 June, the UK government will have greater powers to intervene in mergers that potentially raise national security concerns due to the target's involvement in military and dual-use...more

Jones Day

UK Government to Reform M&A Rules to Protect National Security

Jones Day on

The Situation: The UK government is introducing new protectionist measures concerning acquisitions of businesses operating in the United Kingdom. The Impact: The government intends to expand the scope of acquisition...more

A&O Shearman

UK mergers regime - Government prioritising national security

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On 17 October 2017 the UK Government published a Green Paper heralding reform of national security and infrastructure investment review in the UK (the Green Paper). Specifically, the Government is seeking to strengthen...more

K&L Gates LLP

All Foreign Takeovers of UK Companies to be Reviewed Following Brexit?

K&L Gates LLP on

Recent statements by Theresa May and her staff uncover the first potential significant change to UK competition law as a result of Brexit. A Downing Street spokesperson has indicated that all “foreign takeovers” of UK...more

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