Dutch Authorities Block $115 Million Deal by a U.S. Tech Company

The Netherlands blocked a U.S. company from buying a Dutch firm that handles its national ID system, saying it would create a “threat to the public interest.”Willemijn Aerdts, the Dutch minister for the digital economy and sovereignty, spoke to the news media last month after blocking the acquisition of Solvinity, a Dutch tech company, by the U.S. firm Kyndryl.