Work Area: Foreign investment control

UK lawmakers call for “strictest possible scrutiny” of OneWeb/Eutelsat

A group of lawmakers in the UK has urged the government “to conduct the strictest possible scrutiny” of domestic satellite service provider OneWeb’s planned merger with French rival Eutelsat under the country’s foreign investment review regime.

20 October 2022

Lawyers expect clarifications for “broad” Irish foreign investment bill

The Irish government should issue clarifications throughout the legislative process of a pending foreign investment control bill to “narrow the broad scope” of the proposed regime, lawyers have said.

13 October 2022

UK imposes remedies on Chinese investment in aerospace company

The UK government has imposed a suite of remedies to mitigate the national security concerns associated with a Chinese state-owned investor increasing its stake in a company that owns a UK-based provider of aerospace parts.

12 October 2022

UK imposes information access remedies on Chinese investor

The UK government has restricted an investment company with significant ties to China from accessing certain information or appointing staff at an electricity distributor in which it indirectly obtained a 35% stake.

03 October 2022

Canada: foreign investment review

Featured in Americas Antitrust Review 2023

The Investment Canada Act governs foreign investment in Canadian businesses, requiring notification or approval if investments meet certain structural or monetary thresholds and regulating net benefit and national security reviews, respectively.

30 September 2022

Relaxation of foreign investment control rules fails at first hurdle in New Zealand

Lawmakers in New Zealand have rejected a bill that would have exempted investors based in member countries of the Organisation for Economic Co-operation and Development from requiring foreign investment control clearance.

26 September 2022

Lawmaker urges CFIUS to force TikTok divestiture from ByteDance

Republican senator Josh Hawley has urged the Committee on Foreign Investment in the United States to force popular social media platform TikTok to sever all ties with its parent company, Beijing-based ByteDance.

21 September 2022

Biden issues landmark executive order on CFIUS national security factors

President Joe Biden has issued a first-of-its-kind executive order expanding on the existing list of factors that the Committee on Foreign Investment in the United States should consider when reviewing deals for national security concerns.

20 September 2022

Chinese acquisition of US chemical tech company falls apart amid CFIUS review

A Chinese pharmaceutical company has abandoned its acquisition of a US-based chemical technology business after failing to address concerns raised by the Committee on Foreign Investment in the United States.

14 September 2022

Policy issues at heart of most complex CFIUS cases, former official says

The most complicated US-based foreign investment control cases are driven by policy considerations more than legal processes, a former top CFIUS official has said.

13 September 2022

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