Germany to curb SWF investment with takeover rules

Berlin is to block big investment in strategic industries by companies from outside the European Union, in a move widely interpreted as an attempt to limit sovereign wealth fund investment.

The German cabinet, comprising the country's most senior ruling politicians, said Wednesday that it had approved measures which would allow the country's finance ministry to veto takeovers involving the acquisition of a stake of 25% or more of companies in strategic industries such as telecommunications, b