FT: New German legislation would severely restrict hostile takeovers
20 December 2001
-Germany's gradual liberalisation of financial markets and corporate governance has come to an abrupt halt with new legislation that would severely restrict hostile takeovers, says Paul Betts:
On January 1, a new takeover law will reinforce German companies' already strong protection against unsolicited takeover bids. It will create formidable obstacles for European or US companies considering bids for German targets.
See full FT article
© Financial Times
