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BASF-Harbour Energy deal gets UK conditions relating to oligarch-backed company

By Jon Menon ( July 31, 2024, 09:21 GMT | Insight) -- BASF’s acquisition of a 46.5 percent stake in Britain’s Harbour Energy has gained national security clearance from the UK government, with several conditions imposed in relation to a Russian oligarch-backed company. The government made the “final order” under the National Security and Investment Act.BASF’s acquisition of a 46.5 percent stake in Britain’s Harbour Energy has gained national security clearance from the UK government, with several conditions imposed in relation to a Russian oligarch-backed company....

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