The French Government vetoes the acquisition of a medium-sized company specialized in the development of technologies and the production of light equipment by an American firm (Photonis / Teledyne)

On December 18, 2020, the French authorities officially vetoed the proposed acquisition of Photonis, a leading French optronic technologies firm, by the U.S. group Teledyne. While Teledyne is an important business partner to France and employs 850 people in the country, Ms. Parly stated that

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Authors

  • Skadden, Arps, Slate, Meagher & Flom (Paris)
  • Skadden, Arps, Slate, Meagher & Flom (Paris)

Quotation

Pascal Bine, Wesley Laine, The French Government vetoes the acquisition of a medium-sized company specialized in the development of technologies and the production of light equipment by an American firm (Photonis / Teledyne), 18 December 2020, e-Competitions December 2020, Art. N° 98544

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