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Written question asked by Anthony Mangnall (Conservative) on Monday, 6 July 2020, in the House of Commons. It was due for an answer on Wednesday, 8 July 2020. It was answered by Paul Scully (Conservative) on Tuesday, 14 July 2020 on behalf of the Department for Business, Energy and Industrial Strategy.


Foreign Companies: Takeovers

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Written Statement of 22 June 2020, Official Report, HCWS305, Business Update, what discussions he has had with his counterparts in (a) Australia, (b) Canada, (c) New Zealand and (d) the United States on best practice for preventing business takeovers by potentially hostile state actors.

Answer

The Government engages frequently with its closest allies on a range of subjects, including investment screening. A number of our Five Eyes partners, including Australia, Canada and New Zealand have – like the UK – made changes to their investment screening regimes in response to Covid-19.


Secondary information

Type
Written question
Reference
69694
Session
2019-21
Related items
Foreign Companies: Takeovers
Wednesday, 23 September 2020
Written questions
House of Commons
Business Update
Monday, 22 June 2020
Written statements
House of Commons
Subjects
Foreign companies National security Takeovers
Link
View this Written question on www.parliament.uk