According to a newspaper report, the German government has agreed on stricter rules for the acquisition of shares in German companies by foreign investors. In security-relevant areas, the threshold above which the federal government can review an acquisition of shares by a non-EU investor is to be lowered from the current 25 percent to 10 percent.
After lengthy negotiations, the corresponding draft of the amendment to the Foreign Trade and Payments Ordinance (AWV) is to be adopted at a cabinet meeting on Wednesday, "Handelsblatt" reported on Monday. The lower 10 percent threshold only applies to security-relevant areas, such as defense or so-called critical infrastructures, including for example energy suppliers. According to the report, the new threshold will be stricter than that favored by Economics Minister Peter Altmaier, of the CDU, who had aimed for 15 percent.
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A single purchase
