GERMANY - The German government is considering legislation that would make it more difficult for stealth takeovers such as Porsche SE's acquisition of shares in Volkswagen AG, the Finance Ministry said.
"We're examining whether we need to act in this matter and are in talks with finance experts from the coalition,'' Stefan Olbermann, a spokesman for the Berlin-based ministry, said today by phone. ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date