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Mergers National Security

Mayer Brown

The Year in Review: UK Foreign Direct Investment Regime Set for Reform

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On 22 July 2025, the UK Government published its fourth Annual Report on the operation of the National Security and Investment Act 2021 (NSIA). On the same day, the Labour administration unveiled proposals to reform the NSIA...more

Blake, Cassels & Graydon LLP

Avantage concurrentiel par Blakes : mise à jour de juillet 2025

Le 30 juin 2025, le BureauBienvenue à l’édition de juillet de l’infolettre Avantage concurrentiel par Blakes, une publication mensuelle des groupes Concurrence et antitrust et Investissement étranger de Blakes. Avantage...more

Miles & Stockbridge P.C.

A Golden Share and an Order to Unwind: Early Lessons in CFIUS from the New Administration

On July 8, 2025, President Trump issued an order to unwind the acquisition of Jupiter Systems, Inc., a U.S. company, by Hong Kong-based Suirui International Co., Ltd., a subsidiary of China’s Suirui Group (collectively...more

A&O Shearman

The expanding reach of Italy's FDI regime

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The Italian government has recently published its 2024 Annual Report on Foreign Direct Investment (the Report), providing an overview of the exercise of its special powers, commonly referred to as “Golden Power,” in sectors...more

Latham & Watkins LLP

LathamTECH in Focus: Tech Deals: The Emerging Focus of FDI Regulators?

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In this episode of LathamTECH in Focus, Silicon Valley partner Tessa Bernhardt examines the global expansion of foreign direct investment statutes, discusses where she is seeing heightened regulatory activity and offers...more

Latham & Watkins LLP

LathamTECH in Focus: Navigating National Security: The Impact of FDI Reviews on Tech M&A

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In this episode of LathamTECH in Focus, Silicon Valley partner Tessa Bernhardt examines the global scrutiny on tech M&A deals involving advanced technologies like AI, highlighting how the intersection of highly regulated...more

Fenwick & West LLP

Buy-Side M&A Playbook: Post-Closing Integration - Navigating the Transition

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Closing an aerospace or defense M&A deal is only the beginning. Successful integration requires careful planning to ensure compliance, operational continuity, and the retention of key personnel....more

Knobbe Martens

Raft Acquires N3bula Systems

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On June 17, 2025, Raft announced its acquisition of N3bula Systems. Raft is a defense technology company that specializes in delivering autonomous data fusion, AI/ML, and data solutions tailored for U.S. military and...more

DLA Piper

Industrials Regulatory News and Trends - June 2025 #3

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Welcome to Industrials Regulatory News and Trends. In this regular bulletin, DLA Piper lawyers provide concise updates on key developments in the industrials sector to help you navigate the ever-changing business, legal, and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Europe’s Sharpened Focus on Defense Creates M&A and Investment Opportunities

Key Points - - The war in Ukraine has prompted a historic surge in European defense spending. - Governments in the EU and U.K. are stressing the need for innovation. They are increasingly turning to investment in small...more

Skadden, Arps, Slate, Meagher & Flom LLP

M&A in the AI Era: Key Antitrust and National Security Considerations

Key Points - - As more jurisdictions adopt AI regulations, and AI-related transactions are reviewed on multiple legal grounds, it is critical for companies considering deals to assess the regulatory hurdles early on and...more

White & Case LLP

Beating the hackers: US cybersecurity dealmaking hits back against rising attacks - Policymakers have renewed their focus on...

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The persistence and evolution of cybercrime across the US is reshaping M&A in the cybersecurity sector. Driven by escalating threats, increasing costs and liability to businesses, and a growing and more defined regulatory...more

Akin Gump Strauss Hauer & Feld LLP

Acquirors Beware: PE Firm Escapes DOJ Prosecution, but Acquired Entity Hit With $2 million+ in Penalties

In March 2024, NSD issued an updated Enforcement Policy for Business Organizations (NSD Enforcement Policy) that includes the M&A Policy.  Under the M&A Policy, where an acquiring company makes a qualifying voluntary...more

Holland & Knight LLP

Nippon Steel and U. S. Steel Announce Finalized Merger Agreement

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Nippon Steel Corp. and United States Steel Corp. published a press release on June 18, 2025, announcing the finalization of their merger agreement, executed on Dec. 18, 2023. Following a review by the Committee on Foreign...more

Bradley Arant Boult Cummings LLP

Steel Wars: Foreign Steel Can Dodge U.S. Tariffs, but Not U.S. Control. A New Era for Investing in American Steel Begins

The doubling of steel and aluminum tariffs by the Trump administration—from 25% to 50% within just three months—is a significant escalation in trade policy and the fulfillment of a Trump campaign promise. The U.S. also...more

Husch Blackwell LLP

Week Twenty in Trade

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On June 20, 2025, U.S. Customs and Border Protection (“CBP”) announced it is deploying the Forced Labor Allegation Portal, which allows users to submit forced labor allegations. Submissions may be made anonymously and may...more

White & Case LLP

Newly Adopted Greek FDI Regime

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On 22 May 2025, the Hellenic Parliament enacted Law 5202/2025, introducing a Foreign Direct Investment (“FDI”) regime in Greece (the “Regime”), effective as of that date. The Regime took effect immediately upon publication in...more

DLA Piper

Revised EU FDI Screening Regulation’s Direction of Motion Following the European Parliament’s Review

DLA Piper on

The EU Foreign Direct Investment (FDI) Screening Regulation (Regulation) entered into force in October 2020. It aims to create a cooperation mechanism which enables EU member states and the European Commission (EC) to...more

Fenwick & West LLP

Buy-Side M&A Playbook: Due Diligence in Aerospace & Defense - What Buyers Need to Know

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Once a term sheet is in place, buyers must conduct thorough due diligence to uncover potential risks and liabilities. In the aerospace and defense sector, due diligence extends beyond financials to regulatory compliance,...more

PilieroMazza PLLC

Managing Litigation Risk During the Business Lifecycle, Part 4: M&A Transactions with Government Contractors

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Transactions that involve government contracts carry a unique set of challenges. Unlike a typical merger or acquisition, deals involving government contracts require the navigation of a complex web of federal laws,...more

Baker Botts L.L.P.

AI, Energy, and the Trump–Xi Mineral Standoff are Colliding. What it means for Renewable M&A?

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As President Trump and President Xi Jinping prepare for high-stakes talks following the breakdown of the May Geneva trade agreement, China’s tightening grip on critical mineral exports—especially graphite, rare earths, and...more

A&O Shearman

From open door to watchful gatekeeper: Greece adopts a foreign-investment screening mechanism

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On May 22, 2025, the Hellenic Parliament passed long-expected legislation to establish Greece’s first national mechanism for the screening of foreign direct investments (FDI) on grounds of national security and public order....more

Morgan Lewis

FDI Enforcement Trends in EU, EU Member States, and UK: Q1 2025

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In the first quarter of 2025, the approach of the European Union, EU member states, and the United Kingdom toward foreign direct investment (FDI) reviews continues to be cautious and is increasingly linked to security...more

Blake, Cassels & Graydon LLP

Navigating Compliance: Competition Law and Foreign Investment Reviews Amid Tariffs and Trade Tension

The current economic climate has the potential to reshape traditional norms and patterns for regulatory reviews under the Competition Act and the Investment Canada Act (ICA)....more

Hogan Lovells

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

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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

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