Article 5P7WP UK orders national security review of graphene firm’s takeover by Chinese scientist

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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