Key Contacts: Ronan Dunne – Partner
Ireland will shortly introduce a pivotal legislative change regarding the review and scrutiny of foreign direct investments into the State coming from entities ultimately controlled outside of the EU, the EEA or Switzerland.
This new regime means that UK, US and Asian buyers in relevant sectors will be caught and have to notify transactions to the Minister for Enterprise, Trade and Employment for approval prior to closing transactions.
Partner and head of EU and Competition, Ronan Dunne discusses this new regime.
For further detail, click on the link here.