Business Secretary Greg Clark has set out the detail of new powers designed to upgrade UK national security rules. Strengthened powers will bolster national security merger rules while maintaining openness to international investment. The proposals build on the UK’s robust mergers and takeovers regime and…
Tag:
Mergers
-
-
Updated rules put in place to strengthen the Government’s powers to scrutinise mergers and takeovers that may raise national security concerns have come into force. The move recognises the growing importance of British businesses in developing cutting-edge technology products with national security applications. In order…
-
Measures designed to update the merger system and better protect national security have been set out by Business and Energy Secretary Greg Clark. The proposals include enabling the Government to intervene in mergers that raise national security concerns, even when they involve smaller businesses. These changes…