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ARTICLE · 04 SEPTEMBER 2023

The FDI Screening Regime And Its Potential Impact On M&A Transactions

FDI controls (Foreign Direct Investment Controls) are becoming relevant to an increasing number of transactions and jurisdictions. A change in ownership of companies or businesses...

NorwayGovernment, Public Sector

FDI controls (Foreign Direct Investment Controls) are becoming relevant to an increasing number of transactions and jurisdictions. A change in ownership of companies or businesses that are operating within, from a national security perspective, critical infrastructure and/or security sensitive areas may require authorisation from the authorities in those countries where such activities are conducted.

Executive summary

In Norway, FDI is regulated by the National Security Act (the "NSA"). On 31 March amendments to the NSA were proposed by the Norwegian Government which are likely to be adopted and these amendments will increase the number of transactions that will be subject to filing requirements in Norway.

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