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General

French govt brings into force new vetting powers on foreign takeovers in R&D sectors

Monday 7 January 2019 | 10:03 CET | News
France has extended the list of strategic industries in which the government has the power to veto foreign takeovers, bringing into force a planned reform first unveiled in January last year. A new decree, published in December and effective from 01 January, adds a number of new sectors to the scope of the existing legislation, covering businesses involved in R&D, civil protection and aerospace activities.

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Categories: General
Countries: France
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