CELIS Update on Investment Screening – October 2024

European Union – European Commission releases Fourth Annual Report on the screening of foreign direct investments into the Union  On 17 October 2024, the European Commission (“EC”) released the Fourth Annual Report on the screening of foreign direct investments into the Union (“Report”) for the year 2023. The Report is divided into 4 chapters and…

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CELIS Update on Investment Screening – September 2024

CELIS Update on Investment Screening - September 2024

European Union – European Commission has granted conditional approval in first in-depth review for an M&A transaction On 24 September 2024, the European Commission has approved the acquisition by Emirates Telecommunications Group Company PJSC (ETGC) of sole control of PPF Telecom Group B.V. (PPF), excluding its Czech business, under the Foreign Subsidies Regulation. The approval is conditional on…

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CELIS Update on Investment Screening – August 2024

EU – European Commission publishes Commission Staff Working Document giving clarifications on the application of Art. 4 (1), Article 6 and Article 27(1) of Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market On 26 July 2024, the European Commission (“EC”) published the Commission Staff Working Document on foreign subsidies distorting the internal market…

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CELIS Update on Investment Screening – July 2024

Romania – Romanian Parliament introduces new law revising and reinforcing the approach towards EU investors On 17 July 2024, the President of Romania officially promulgated the new law Nr. 231. It took effect three days after its publication in the Official Gazette on 18 July 2024. One of the most important aspects of the new…

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