European Commission, Foreign direct investment, Foreign investment, Hungary, Merger control, Mergers
Who Watches the (FDI) Watchmen? The European Commission finds that Hungary infringed EU Law by Unduly Prohibiting a Transaction On FDI Grounds
Background The recent proliferation of foreign direct investment regimes (“FDI”) in Europe baffles practitioners and deal makers alike. Why is my acquisition of, say, a developer of grapes in Spain potentially subject to CFIUS-like rules? Can my carefully crafted leveraged buyout of a niche Polish producer of NFTs derail out of national security concerns because…