Germany Plans to Tighten Rules on Foreign Takeovers
- Chancellor Angela Merkel’s government plans to bring in new rules to protect German companies from takeovers by entities based outside the European Union. The bill would enable the government to block deals that present “potential interference” to German interests, according to an official who spoke on condition of anonymity. At the moment, it can only prevent a takeover if it is seen as posing a security threat. Authorities will also be able to restrict access to companies’ know-how while an acquisition is being reviewed. Merkel’s ...
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