EU MAKES HARDER FOR FOREIGN FIRMS TO BUY STAKES IN EUROPEAN COMPANIES

Highlights

• In 2016, 3% of European companies were owned by non-EU investors
• It represents 35% of total assets

Concerns grow over the unfair competition in Europe. The EU is making it harder for foreign state-backed firms to buy stakes in European companies. The European Commission proposed to have a bigger say on it. It would prohibit the merger if it could create market distortio....