Global FDI Update: July – September 2024

October 17, 2024

 

  • United States: CFIUS releases 2023 Annual Report; expanded scope for CFIUS jurisdiction and filing requirements; new export controls on quantum computing and other advanced technologies.
  • United Kingdom: Annual Report published; remedies imposed on four transactions.
  • European Union: First merger commitments adopted under EU Foreign Subsidies Regulation.
  • Belgium: First Annual Report on Belgian FDI Screening; revised notification forms and guidelines.
  • France: Close scrutiny for foreign investment in pharmaceutical sector (Biogaran and Doliprane).
  • Germany: Prohibition of Chinese investment in gas turbine sector.
  • Italy: Annual Report shows that volume of filings remain high but majority deemed out-of-scope and intervention rates low (22 out of 563 filings).
  • Netherlands: Proposal for new sectoral investment control regime for defense industry.
  • Spain: Government prohibits €619 million acquisition of Spanish train manufacturer Talgo by Hungarian consortium

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