Sweden introduces new legislation targeting foreign investments

As of January 1, 2021, all Swedish related business transactions that involve the transfer of security sensitive activities must be notified to the Swedish Security Service or the Swedish Armed Forces which could ultimately prohibit the transfer.

This Swedish initiative is part of an ongoing global trend of introducing national legislation requiring extensive scrutiny of acquisitions or investments in operators of critical infrastructure or sensitive technologies that may pose risks to a country’s security.

The linked document provides a summary of the main changes as well as some key points to bear in mind when planning for a transaction.