The Evolving Impacts of Foreign Subsidy Regulation on Private Equity: New Due Diligence, Investigations and Enforcement Considerations

Petr Kadlec
Partner
HAVEL & PARTNERS (Czechia)

Sarah Blazek
Partner
Noerr (Germany)
The impact of the FSR on private equity transactions in Europe is still to be fully understood. However, the regulation has the potential to increase the bureaucratic burden on large numbers of private equity funds that have received financial backing from state-owned or sponsored entities from outside the EU.
- Understanding the FSR and its mandatory notification requirements
- Where are the potential pitfalls for PE-sponsored deals?
- Investigating and getting reassurances from governance structures of sovereign wealth investors
- Exploring the public procurement dimension of the Foreign Subsidy Regulation: How is the EU Commission approach is different as compared to M&A transactions (DG GROW vs DG COMP)
- Managing data on financial contributions to funds and portfolio companies
- Case study: The sale of PPF Telecom Group B.V. (PPF)