German state to take stakes in marquee domestic companies

Shift in industrial strategy to prevent foreign takeovers ‘needed to safeguard the country’s prosperity’ says minister

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German carmakers could be protected from foreign takeovers
(Image credit: Odd Andersen/AFP/Getty Images)

Germany’s government could take stakes in companies deemed at risk of foreign takeover, the country’s ecomony minister has said, in a dramatic shift in industrial strategy aimed at safeguarding prosperity.

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