India in Sync With World
AUSTRALIA: Tightened rules on foreign takeovers fearing strategic assets could be sold cheaply due to the coronavirus crisis. Has mandated scrutiny of every single deal regardless of value
ITALY: It expanded the Golden Powers Law, meant to restrict foreign investments in sensitive areas, to include a large number of other sectors. Curbed foreign takeovers in a range of sectors
GERMANY: Europe’s biggest economy approved measures which applied to takeover bids from the United States and enterprises outside the European Union
SPAIN: Issued Royal Decree suspending the regime on FDI deregulation indefinitely. It necessitates prior government approval for investors outside EU looking at acquiring more than 10 per cent in a local company
CANADA: Tightened foreign investment rules, scrutinising investments in companies related to public health or critical supply chains, and investments by state-owned companies or investors with close ties to foreign governments
EUROPEAN UNION: Was among the first to tighten foreign investment rules. The aim was to discourage “bargain hunting” by China.
UK: The UK government screens acquisitions in military, dualuse, computing hardware and quantum technology sectors
USA: The Committee on Foreign Investments in the US is now playing an active role in screening potential takeovers on national security grounds
JAPAN: $2.2 billion fund to help Japanese companies shift production out of China
Map not to scale