The UK business minister has intervened in the acquisition of a cutting-edge material manufacturer in Wales over potential Chinese interests, citing national security concerns. The department for Business, Energy, and Industrial Strategy on Sept. 5 announced it was intervening in the acquisition of Perpetuus, a manufacture of graphene-based products. The notice cites a takeover (pdf) involving…
Minister Intervenes in Acquisition of UK Graphene Company Over Chinese Interests
Business Secretary Intervenes in Acquisition of UK Graphene Company Over Chinese Interests
September 7, 2021
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The UK business secretary has intervened in the acquisition of a cutting-edge material manufacturer in Wales over potential Chinese interests, citing national security concerns. The department for Business, Energy, and Industrial Strategy on Sept. 5 announced it was intervening in the acquisition of Perpetuus, a manufacture of graphene-based products. The notice cites a takeover (pdf) involving…
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