Foreign Companies: Takeovers

Department for Business, Energy and Industrial Strategy written question – answered on 23rd September 2020.

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Photo of Anthony Mangnall Anthony Mangnall Conservative, Totnes

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with his international counterparts on best practice for preventing business takeovers by hostile state actors.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

I refer the Hon. Member to the answer I gave him on 14th July 2020 to Question 69694. The Government engages frequently with its closest allies on a range of subjects, including investment screening.

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