Solvinity Appeals Against Dutch Government’s Ban on US Takeover - DutchNews.nl
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13 Articles
Solvinity appeals against Dutch government’s ban on US takeover - DutchNews.nl
Solvinity appeals against Dutch government’s ban on US takeover
A spokesperson for State Secretary Aerdts of Digital Economy and Sovereignty confirmed this following reporting by NRC.
The Amsterdam-based IT company Solvinity has filed summary proceedings against the takeover bid by the American company Kyndryl due to potential risks to the ‘public interest’. This is to obtain clarity regarding the consequences for the company. The Amsterdam-based company manages the IT platform behind DigiD and the MijnOverheid message box, and provides services to the Ministry of Justice and Security, among others.
Martin Wolf on What the Kyndryl-Solvinity Decision Means for IT M&A | CRN
The Dutch government’s decision to block Kyndryl’s proposed acquisition of Solvinity has sparked discussion across the technology and M&A sectors about data sovereignty, digital infrastructure, and the future of cross-border dealmaking. The transaction was halted over concerns related to public interest and control of critical digital systems, marking the first time Dutch authorities have blocked a U.S. acquisition under the country’s investment…

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