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First Prohibition Under Belgium’s FDI Regime: A Milestone, Not a Revolution
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First Prohibition Under Belgium’s FDI Regime: A Milestone, Not a Revolution
IntroductionOn August 5, 2026, NHV Group announced that its proposed acquisition by GD Helicopter Finance (“GDHF”), ultimately controlled by China-based GDAT Group, would not proceed after Belgian authorities blocked the transaction under Belgium’s foreign direct investment screening regime, following a review coordinated by the Interfederal Screening Committee (“ISC”). This marks the first public prohibition under Belgium’s foreign direct inves…
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