20 Hrs
Source:
الاقتصادية
France tightens foreign investment rules
France has issued a decree to tighten control over foreign investments in national companies to protect national security. Now, government approval is required when any non-European investor acquires 10% or more of shares in publicly listed companies, including those operating in vital sectors. Previously, oversight was applied only when 25% of voting rights were transferred. The amendment aims to counter opportunistic acquisitions and safeguard biotech technologies and national security, especially amid current geopolitical tensions. The new rules will take effect later this month, with a 10-day deadline set for the ministry to approve or reject the applications.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)