The European Union is re-examining the rules governing takeovers of European companies by investors from outside the EU.
The reassessment comes in the aftermath of the takeover of German robotics and industrial automation company Kuka by Chinese household appliances maker Midea.
Midea’s acquisition of Kuka – for about $4 billion – was said by Bloomberg to be part of a “global acquisitions spree” by the Chinese company. [Read more…] about EU expected to make it more difficult for foreign companies to buy European companies
