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UK and EU competition law weekly: NSI Act decisions, CMA BlackRock/Preqin Phase 1, media mergers consultation extended, Google CPO, Madeira State aid rulings (19 December 2024)

Published on: 19 December 2024

Published by a LexisNexis Competition expert
Legal News
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Article summary

In this issue:

  • UK NSI Act
  • UK mergers
  • UK private actions
  • EU State aid
  • Daily and weekly news alerts
  • New and updated content
  • Caselex Competition Highlights 2024/2025

UK NSI Act

  • The Cabinet Office has varied the Final Order under the National Security and Investment Act 2021 concerning FTDI Holding Limited’s proposed acquisition of an 80.2% stake in Future Technology Devices International Limited. Although the transaction was prohibited on 5 November 2024, the change simply resets the deadline for FTDIHL to submit a draft proposal plan to support compliance with the Final Order. There are no other alterations to the divestment process or its timetable—see the notice of final order variation
  • The Cabinet Office has revoked the Final Order under the National Security and Investment Act 2021 relating to Trina Solar UK Investments Limited’s acquisition of 50% of AGR-Trina BF Holdco Limited. The deal was conditionally cleared on 10 October 2024...

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