The Swedish Government has proposed a new act on screening of foreign direct investments that will be applicable to transactions closing on 1 December 2023 or later. The purpose of the FDI Act is to prevent foreign direct investments that may harm national security, public order or public safety.
“The Swedish FDI Act is a result of the deteriorating geopolitical situation in Europe. The new screening system will have significant implications for mergers and acquisitions in Sweden”, says Daniel Wendelsson, partner at Vinge.
Please see here for some key takeaways.
Stockholm: Daniel Wendelsson and Marcus Glader
Gothenburg: Anders Leissner
Malmö: Pär Remnelid
Brussels: Martin Johansson
