ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Germany bolsters corporate defenses against Chinese 'predators'

European officials worry coronavirus-weakened companies could be acquisition targets

German politicians have been on guard against Chinese acquisitions of local companies with advanced technologies since Midea Group’s 4.5 billion euro buyout of robot producer Kuka in 2017.   © Reuters

HAMBURG, Germany -- Germany and other governments are bolstering corporate defenses to address worries that coronavirus-weakened companies could be easy prey for opportunistic Chinese buyers.

"We will avoid a sellout of German economic and industrial concerns," German Minister for Economic Affairs and Energy Peter Altmaier said last week as he announced plans for a fund to take stakes in or buy out local companies needing a lifeline.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more