French Prime Minister Sebastien Lecornu announced on Sunday that the country's government would be tightening its control over foreign investment in strategic companies.
"In a geopolitical context marked by strong tensions, we are strengthening control over foreign investments in sensitive sectors," Lecornu wrote on X.
"From now on, any acquisition of at least 10% by a non-European investor in a French company listed on a regulated market" must be approved by the government, whether the company is listed in France or abroad. This marks a drop from the previous 25% that set off government review.
https://breakingthenews.net/Article/France-expands-control-of-non-EU-investment-in-firms/66831894
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