Morgan Lewis partner Leonidas “Leo” Theodosiou was quoted in a Global Competition Review article about the ongoing review, on national security grounds, of foreign investment transactions under the United Kingdom’s National Security and Investment Act. The piece examines the recent purchase by an Australian company of a UK cybersecurity business and highlights the continued scrutiny of such deals.
“Rather than signaling a barrier to Australian investors, it underscores that heightened security oversight is now the norm, even among close allies, when the target has mission-critical capabilities in these sensitive areas,” said Leo, adding, “Investors can expect that rigorous reviews and bespoke conditions will remain a regular feature of cross-border deals in defense-related technology.”