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Euronews
Euronews
Nathan Joubioux

France tightens checks on foreign purchases of 'sensitive' firms

The prime minister's office at Matignon has decided to tighten the rules. In a decree published this Sunday 2 August (source in French), Prime Minister Sébastien Lecornu has strengthened state control over the purchase, by foreign investors, of companies in sensitive sectors.

Until now, the Ministry of the Economy had a right of scrutiny whenever a non-European investor acquired 25% or more of a French company listed on a regulated market outside the European Union. "From now on, any stake of at least 10% taken by a non-European investor in a French company listed on a regulated market outside the European Union will have to be authorised by the state", the prime minister wrote on X.

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