Transactions & Deals in Finland

Essentials guide · Source-checked research47% of statements checked against a source25 checked against an official source0 checked against a secondary sourceChecked 2026-10-1911 held back until checked against an official source11 topics include AI-written statements, not source-checkedNot yet professionally reviewed

• Under the Act on the Screening of Foreign Corporate Acquisitions, a foreign owner acquiring at least one tenth, one third or one half of the votes or equivalent control in a defence or security sector company must apply to the Ministry of Economic Affairs and Employment in advance, while notification of acquisitions of other companies critical to security of supply or functions vital to society is voluntary.

  A foreign owner is generally a person or organisation not domiciled in the EU or EFTA, or an EU or EFTA organisation in which such a person holds at least one tenth of the votes; for the defence sector, EU and EFTA buyers also count as foreign owners. Only a Government plenary session can refuse confirmation.Ministry of Economic Affairs and Employment (TEM) · checked 2026-10-19

• A concentration must be notified to the Finnish Competition and Consumer Authority if the parties' combined turnover from Finland exceeds EUR 100 million and at least two of the parties each have Finnish turnover above EUR 10 million.

  Concentrations not falling under the EU Merger Regulation. As at May 2026 the authority had no power to call in mergers below the thresholds.Finnish Competition and Consumer Authority (KKV) · checked 2026-10-19

• The Market Court decides, on a proposal from the Finnish Competition and Consumer Authority, whether to prohibit a concentration, approve it or impose remedies, and its decision can be appealed to the Supreme Administrative Court.

  Merger prohibitions; the Market Court must rule within three months of the proposal.Finnish Competition and Consumer Authority (KKV) · checked 2026-10-19

• Takeover bids for companies listed on Nasdaq Helsinki are governed by the Securities Markets Act and the Helsinki Takeover Code, supervised by the Financial Supervisory Authority.

  Listed companies.AI-written, not source-checked

• Finnish insolvency law provides for bankruptcy under the Bankruptcy Act and corporate restructuring under the Act on the Restructuring of Enterprises, both handled by the district courts.

  Insolvent or distressed debtors.AI-written, not source-checked

Read the full guide: Deals, competition and restructuring