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United Kingdom · Question · Written question

UIN 24

Bacanora Lithium: Takeovers

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 May 2021

Last action

17 May 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

17 May 2021

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps in respect of the reported attempt by China to take over Bacanora Lithium.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 May 2021

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps in respect of the reported attempt by China to take over Bacanora Lithium.

    Source: Commons

  2. 17 May 2021

    Answer

    Mergers and takeovers are primarily commercial matters for the parties involved. The Government has powers under the Enterprise Act 2002 to intervene in transactions which raise national security concerns. The Government has recently strengthened those po...

    Source: Written answer

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