Dutch to Get Power to Block Some Foreign Takeovers Under New Law
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The Netherlands will for the first time be able to block foreign takeovers of Dutch companies operating in vital sectors if a deal raises national security concerns, according to legislation announced on Wednesday.
The Investments, Mergers and Acquisitions Security Test Act, which will come into effect Thursday, will enable the Dutch government to limit the size of investments or block a deal entirely on the basis of national security.