In November we wrote about the UK’s National Security and Investment Bill, which promises to give rise to the most significant changes to the treatment of mergers and acquisitions in the UK for many years. In January, we discussed the Bill at more length at the Mayer Brown Oil & Gas Lawyers’ Forum and
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UK government publishes far-reaching National Security and Investment Bill
By David M. Harrison & Jason Hungerford on
Posted in Energy Transition, Fossil Fuels, M&A, Oil & Gas, Power, Renewables, Trade, UK, Wind
On 11 November 2020, the UK government published draft legislation, the National Security and Investment Bill (the “Bill”), which will significantly change the treatment of mergers and acquisitions in the United Kingdom and will introduce a new security screening regime separate from competition law.
Once in force, it will require prior notification and approval of …