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Intelligent Safety-FireAngel deal sees extended UK national security review

By Jon Menon ( March 1, 2024, 17:03 GMT | Insight) -- The planned acquisition of FireAngel Safety Technology Group by Singapore’s Intelligent Safety Electronics is facing an extended national security review by the UK government after it was called in for a closer inspection. Secretary of state Oliver Dowden has 45 working days to clear the decision through a “final notification” or apply remedies through a “final order” unless a voluntary agreement is reached to extend the period, according to a filing.The planned acquisition of FireAngel Safety Technology Group by Singapore’s Intelligent Safety Electronics is facing an extended national security review by the UK government after it was called in for a closer inspection....

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