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Also real kicker from 2022: The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK o
by piskov 1y ago
Also real kicker from 2022:
The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK ordered them to sell 86% of the stake due to National Security concerns
https://www.gov.uk/government/publications/acquisition-of-newport-wafer-fab-by-nexperia-bv-notice-of-final-order https://www.gov.uk/government/publications/acquisition-of-ne...
- masfuerte 1y agoThere was also some drama around British Steel back in April with the government seizing control from China: https://www.bbc.co.uk/news/articles/ckg17g39x41o https://www.bbc.co.uk/news/articles/ckg17g39x41o
- lawlessone 1y agoafaik there was the added danger there that if the blast furnaces are turned off its very difficult /impossible to start them again.