The German economy ministry has finalised a draft law aimed at protecting companies from foreign takeovers.
Under the bill, the government would be able to scrutinise acquisitions by foreign sovereign wealth funds of more than 25 percent in a German company. If such a purchase was deemed to Sports news: Euro 2008 friendly ...
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German police raid radical Islam suspects ... pose a threat to security, Berlin could prevent it from going through. Until now, the government held this kind of veto only over deals that involved the arms industry. The draft law now requires approval by the cabinet of Chancellor Angela Merkel.
(Deutsche Welle)
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