Weekend Long Read: How a London Power-Duo Outfoxed China’s Biggest Private Steel Giant

Caixin Global | Jul 24, 2021 at 11:36 PM
  • Nestled in London’s exclusive Mayfair district among high-end brands and eye-watering rents sits 51-52 New Bond Street, home to the London flagship store of Italian luxury fashion house Armani.
  • In accordance with the foreign investment law of France, where GS operates a data center, any foreign investor that has directly or indirectly controlled any French company engaged in sensitive industries — including the data center industry — is obliged to declare such information with the French Ministry of the Economy and Finance.
  • The Foreign Trade and Payments Act holds that any investor from outside the European Union that has directly or indirectly obtained more than 10% of the right to vote in German companies engaged in “important infrastructure” shall declare its investment transactions to the German Federal Ministry for Economic Affairs and Energy.