We use cookies

Moalem Weitemeyer uses cookies, including cookies from third parties, needed to make the website work and to enhance the user experience. Cookies are also used to detect inexpediencies and to examine your interactions with our website. Read more about how we use cookies and take care of your data here

Necessary/functional

Statistical

Accept

23 December 2020

Proposal for new Danish Act on Screening of Foreign Direct Investments in Denmark

Group 7 Created with Sketch.
Download PDF version

9 December 2020, the Danish Business Authority published the proposed new Danish Act on Screening of Foreign Direct Investments in Denmark (the “Act”) for market participant consultation purposes. The consultation process deadline is 6 January 2020. Moalem Weitemeyer expects to issue a hearing statement on the proposed Act and is currently in dialogue with the Danish Bar Association about a potential hearing statement (joint or sole). The Act is set to be submitted for the Danish parliament’s approval process in February 2021.

The Act introduces a mandatory clearance process for foreign direct investments into certain sensitive Danish enterprises where the investor obtains control of at least 10% of the enterprises’ share capital or voting rights. Further, a notification process is proposed wherein investors residing outside EU/EFTA voluntarily can notify to the Danish Business Authority if by the investment the investor obtains more than 25% of the enterprises’ share capital or voting rights and assesses that the transaction may pose a threat to national security or public order in Denmark. 

Dan Moalem

Partner

+45 30 37 96 10

Go to profile

Pernille Nørkær

Partner

+45 30 37 96 40

Go to profile

Rasmus Juel Schiøtt

Partner

+45 30 37 96 22

Go to profile

Poul Guo (Quach)/郭保罗

Senior Associate

+45 30 37 96 23

Go to profile

The Latest

See all insights

29 November 2021

Happy Hanukka!

26 November 2021

Happy Holidays!

25 November 2021

Severe Criticism from the Danish Data Protection Agency of a Website with a Consent Setup which was found not to be sufficiently clear

8 November 2021

UK introduces a new Regime for screening of Foreign Investment

5 November 2021

Investment Recommendations on Social Media

4 November 2021

The New Danish Lease Act Explained

25 October 2021

The new Danish Act on Court Fees has entered into force

15 October 2021

The Court of Justice of the European Union states that Subsidiaries may be liable for Parent Company infringement of Competition Law

8 October 2021

Issuer’s Disclosure and Reporting Obligations

6 October 2021

Moalem Weitemeyer leaps to the Top 3 in the Mergermarket Legal Advisor League Tables in Q3 2021