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해외 M&A의 법적 쟁점 - Sullivan & Cromwell

해외 M&A의 법적 쟁점 - Sullivan & Cromwell

해외 M&A의 법적 쟁점 - Sullivan & Cromwell

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2.1 Regulated Business Sectors<br />

continued<br />

A. Security Sensitive Investments<br />

Prior approval from the Ministry of Economy is required for a non EU investor<br />

to acquire a controlling interest in certain protected industry sectors:<br />

- Gambling<br />

- Private Security<br />

- National security against terrorism<br />

- National Defense<br />

- Information technology security<br />

- Cryptology and cryptography<br />

- Weapons and ammunitions for the military<br />

Energy and infrastructure sectors are not protected industry sectors.<br />

A controlling interest will be deemed to have been acquired at 33.33% but<br />

lower thresholds are possible depending upon the shareholding structure of<br />

the target company<br />

72

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