Decision

Flusso Limited share acquisition: decision to take no further action

Secretary of State decision to take no further action under national security powers on the acquisition by Shanghai Sierchi Enterprise Management Partnership of Flusso Limited.

From:
Cabinet Office and Department for Business, Energy & Industrial Strategy
Published
24 January 2023

Documents

Flusso Limited share acquisition: no further action under National Security and Investment Act 2021

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Details

The government has powers under the National Security and Investment Act (2021) to scrutinise and, if necessary, intervene in qualifying acquisitions on national security grounds.

The Secretary of State decided to take no further action on the acquisition by Shanghai Sierchi Enterprise Management Partnership of Flusso Limited. A Final Notification was issued to both parties on 21 June 2022.

Published 24 January 2023