Germany Mulls Foreign Takeover Limits: Report

Law360, New York (October 30, 2007, 12:00 AM EDT) -- After suffering a recent blow at the European Union, Germany is trying to push through a law that would enable the government to thwart foreign investors from taking over domestic companies by deeming them a threat to national security or public order.

On Tuesday, word surfaced in the German newspaper Sueddeutsche Zeitung that the country's economy ministry was preparing to unveil a draft law designed to block hedge funds, sovereign wealth funds and foreign groups from gaining more than a 25% stake in a German business....
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