In May, the Dutch government formally prohibited Kyndryl from its proposed acquisition of Solvinity, the Dutch IT services provider, following a recommendation by the Bureau Toetsing Investeringen (BTI). The prohibition was adopted under the Dutch telecommunications security screening regime rather than under the broader Dutch foreign direct investment (FDI) framework introduced by the Vifo Act. … Continue Reading
Status: Clearance Acquirer: ProSiebenSat.1 Media SE (Germany) and General Atlantic Coöperatief U.A. (The Netherlands) Acquired: The Meet Group, Inc. (US) Value: $500 million (Approx.) Industry: Software; Information Services… Continue Reading