Germany to the EU to assess the future of the document gives the government greater power to veto foreign mergers and acquisitions

Recently, Chinese companies have been in the global market mergers and acquisitions action, has attracted the attention of other countries. According to the German "weekend world news" reports, the German Ministry of economic affairs to protect the country's high-tech companies will not be a hostile takeover, especially non EU countries will not be part of state-owned and state-owned companies hostile takeover. Therefore, the EU headquarters has been made on the assessment of investment documents. In the future, the German government and the European Union will be related to the acquisition, there is a greater refusal to power.

According to reports, the past week, Vice Minister of the German Ministry of economic affairs Matthias Machnig has asked the German government and the EU put forward with "6 key points" of a report on the assessment of EU investment related file, the file will be used to assess future EU related investment in rank.

According to the contents of the document, the future of the European Union and the Member States will be given great powers to prevent investors from non EU countries from further acquisitions in the EU, according to the paper.

In recent years, including China beauty appliance group (Midea Group) acquired the German robotic company (KUKA), and KUKA before the Chinese LED chip manufacturer Sanan optoelectronics, came with old German company OSRAM lighting manufacturers (OSRAM) negotiate acquisitions or cooperation. These events, the German government has been worried about the outflow of high-tech technology, so that foreign investors to buy high-tech companies, the recent concern in germany.

In this case, the German Ministry of economic affairs spokesman in the face of the weekend news interview, said he would not comment on the relevant government documents. However, the German Minister of economic affairs has repeatedly said that the German government will take measures to ensure fair competition, especially for the fair competition between foreign companies receive government subsidies, while still open to foreign investment.

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