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France perpetuates its reinforced control of foreign investments

2023-01-05T15:35:28.321Z


The French government will perpetuate the lowering to 10% of the threshold for controlling foreign investments in companies in the sectors...


The French government will make permanent the lowering to 10% of the threshold for controlling foreign investments in companies in strategic sectors, decided to protect those weakened by the Covid-19 pandemic, announced Thursday the Minister of the Economy Bruno Le Maire. .

In 2020, to further protect companies deemed strategic, the threshold triggering the control of non-European foreign investments was lowered from 25% to 10% of voting rights in listed companies.

The measure had already been extended until the end of 2023.

Read alsoThe United States first destination for foreign investment in 2021, notes the IMF

"

The threshold for triggering the control of foreign investments in France will be definitively set at 10% of equity participation, instead of 25%

", declared Bruno Le Maire on Thursday, presenting his wishes to economic actors in Bercy.

This is to strengthen "

the protection of our technologies and our businesses

", he said.

A foreign (non-European) investor crossing the threshold of 10% of the voting rights of a strategic listed company must notify Bercy, which may decide to carry out a more in-depth examination, or even block the operation if it so wishes. considered contrary to French interests.

Source: lefigaro

All business articles on 2023-01-05

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