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Chinese Buyer Drops UK Graphene Takeover Amid National Security Review

A Chinese company has abandoned its proposed acquisition of a British graphene company after the plan came under the scrutiny of the UK government.

United kingdomCity ofSimon veazeyLily zhouZhongfu zhouKwasi kwartengTaurus internationalPerpetuus groupBritish business secretaryShanghai kington technologiesMarkets authorityKington technologiesEpoch timesThousand talents planThe epoch times

Shanghai Kington Technology Limited and others / Perpetuus merger inquiry

Anticipated acquisition by Shanghai Kington Technology Limited and others of The Perpetuus Group (including Perpetuus Energy Limited, Perpetuus Advanced Materials plc and Perpetuus Carbon Technologies Limited).

United kingdomZhongfu zhouKirstin bakerRobin fosterStephen rosePerpetuus advanced materialsShanghai kington technologyPerpetuus groupPerpetuus energyPerpetuus carbon technologiesEnergy industrial strategyShanghai kington technology limitedIndustrial strategyPerpetuus energy limitedPerpetuus carbon technologies limitedEnterprise act

Anticipated acquisition of Perpetuus Group by Shanghai Kington Technology Limited and others

The CMA Phase 1 report and Phase 2 reference under Section 45(5) of the Enterprise Act 2002, in relation to the proposed acquisition of the Perpetuus Group by Shanghai Kington Technology Limited and others.

Perpetuus groupTaurus international ltdBusiness energyPublic interest intervention noticeIndustrial strategyEnterprise actMarkets authority

Kwasi Kwarteng orders review into proposed Chinese takeover of Welsh firm

Kwasi Kwarteng orders review into proposed Chinese takeover of Welsh firm
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United kingdomKwasi kwartengPerpetuus groupBusiness secretaryMarkets authorityShanghai kington technologies

UK to conduct in-depth review of Shanghai Kington s acquisition of Welsh company Perpetuus Group on national security grounds

UK Business Secretary Kwasi Kwarteng has called for a Phase 2 review of planned Perpetuus Group deal on national security grounds.

United kingdomKwasi kwartengShanghai kington technologiesPerpetuus groupKwasi kwartengZhongfu zhouNational securityMergers and acquisitionsUnited kingdom

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