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
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)
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