UK orders national security review of graphene firm’s takeover by Chinese scientist
by Jasper Jolly from on (#5P7WP)
Watchdog to look at potential takeover of Wales-based Perpetuus Group by Dr Zhongfu Zhou or Taurus International
Business secretary Kwasi Kwarteng has ordered a national security review of a takeover by a Chinese academic of a small Welsh manufacturer of graphene - the thinnest and lightest supermaterial" known.
In a rare move, Kwarteng instructed the Competition and Markets Authority (CMA) to review the planned takeover of Perpetuus Group by Taurus International or any companies associated with Dr Zhongfu Zhou.
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