Investor screening mechanism will guard against hostile takeovers
System aims to prevent strategic acquisitions of EU companies by foreign-owned firms that may undermine member states’ security or public order
A screening mechanism to prevent hostile takeovers of Irish companies by foreign investors is being planned by the Department of Business, Enterprise and Innovation.
Ireland is one of approximately 13 EU member states that do not currently have a formal investment screening mechanism in place.
In March, following the collapse of European share prices as a result of the Covid-19 crisis, the European Commission issued guidance calling upon member states that already have an existing screening...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Arm of BlackRock builds up €20m short bet that Glanbia shares will continue to fall
Food company’s stock price has swung up and down since start of pandemic with performance nutrition products hit hard
Irish funds industry hits record high of $4.2 trillion, new data shows
Figures compiled by Monterey Insight, an independent fund research company, show the value of Irish-domiciled funds grew by 10.4 per cent to a market size of just over $3.3 trillion.