The German government announced closer scrutiny of acquisitions by non-EU firms in 2017, which was made in response to the 2016 takeover of industrial robotics firm Kuka by Chinese firm Midea. Photo: Reuters
Germany aims to shield tech firms from foreign takeovers
- Berlin plans to review or block foreign purchases of stakes as low as 10 per cent in ‘critical technology’ companies
- That would cover firms in robotics, artificial intelligence, semiconductors, biotechnology and quantum technology
Follow your favourite topic and get notified
The German government announced closer scrutiny of acquisitions by non-EU firms in 2017, which was made in response to the 2016 takeover of industrial robotics firm Kuka by Chinese firm Midea. Photo: Reuters
