6 juin 2014
Client Alert | France | M&A / Corporate
On 15 May 2014, the French Government published a decree relating to foreign investments in France that require prior authorization from the French Minister of the Economy (the "Decree"). The Decree entered into force on 16 May 2014 and is applicable to all current transactions.
Although this Decree has been published by the French government in the context of the on-going "battle" around Alstom, its scope is wider and will concern other businesses.
The European Commission has indicated that it would examine the conformity of the Decree with European Law.
A summary of the key changes brought by the Decree is provided below.