Like various other European Union member states, Poland has taken the first step to passage of a new act intended to screen foreign direct investments in Polish companies. The goal of the legislation is to protect Polish companies against take-over by non-EU/EEA investors.
This post is being published for The Trade Practitioner as part of a content partnership with our O-I-CEE! blog (Central and Eastern European legal news and views).
The new law will not only amend the Act on Control of Certain Investments of 2015, but it will also materially extend control over mergers and acquisitions . It is thought to be a temporary solution and should expire after 24 months following entry into force.
Continue reading here for more information and to learn the implications of the new law.