In the context of the worldwide economic crisis due to the COVID-19 pandemic, France has reinforced its protection of French companies from foreign investments by extending existing measures and slowing down or vetoing negotiations if deemed necessary.

On 28 December 2020 a decree extended until 31 December 2021 (instead of 30 December 2020) the decreased threshold of 10% applying to shareholdings’ acquisitions of listed companies made by non-EU and non-EEA investors in French sensitive sectors.

Find out our International Law Office publication by Alain Levy, Gwenaëlle de Kerviler (Partners) and Valerie Attia (Associate) here.