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Comments from top executive underline mounting unease within business community over resurgent AfD
...once slumbering defence industry to rapidly build capacity — something that Rheinmetall and other mainly private companies such as Krauss-Maffei Wegmann and the maker of the Taurus missile system, MBDA Deutschland...
...“We can already see a much improved focus on client’s needs,” Frank Geisler, chief operating officer of Intersport Deutschland, Germany’s largest sports retail chain, told the FT....
Industry concerned rise of anti-immigration movements in state of Saxony will hinder efforts to attract foreign talent
...ProSieben, which briefly flirted this year with the idea of acquiring Sky Deutschland from Comcast, has had a rocky ride over the past decade....
...Read might have foreseen Elliott’s intervention, given that it did something similar at Kabel Deutschland. But foresight does not appear to have been his strong point....
...Die Moskau Connection: das Schröder-Netzwerk und Deutschlands Weg in die Abhängigkeit by Reinhard Bingener and Markus Wehner, CH Beck, €18, 320 pages Guy Chazan is the FT’s Berlin bureau chief...
...The few funds paying attention will have encountered unwelcome evidence of Deutschland AG’s seemingly incurable malaise....
...Vodafone and Kabel Deutschland reject this assessment. Kabel Deutschland’s board recommended Vodafone’s offer of €87 a share....
...Nor is there much appetite for expansion anywhere in Deutschland AG, especially after Bayer’s disastrous takeover of Monsanto. But the logic behind diversification is being revisited....
...Vodafone’s €7.7bn takeover of Kabel Deutschland was transformative for the UK telecoms group....
...And so began a multiyear lawsuit between Vodafone and Kabel Deutschland investors over whether the acquisition was fairly priced....
...Selling stakes in Schenker and Arriva could help raise cash....
...the witnesses do not want to face the risk of a criminal investigation should they violate their confidentiality duties by giving testimony,” Kay Gottschalk, a politician for far-right Alternative für Deutschland...
...“I am hoping that the Federal Court of Justice will come to a swift decision,” the committee’s chairman Kay Gottschalk, a politician for far-right Alternative für Deutschland, told the FT....
...Deutschland AG is deeply embedded in China. BASF made sales of €7.3bn in China, Taiwan and Hong Kong in 2018, 11.6 per cent of its revenue....
...Elliott owns a 13 per cent stake in Kabel Deutschland....
...Telefónica Deutschland said it would cut its dividend to invest in a new 5G network to be rapidly rolled out from next year using radio equipment from Huawei and Nokia....
...In the noughties, Germany unpicked Deutschland AG, an incestuous network of crossholdings between banks and industry. Corporate governance must be overhauled this time....
...Telefónica Deutschland, which previously led, falls to third place. The auction raised €6.55bn. That was almost double Macquarie’s expectations at the beginning of this process about two months ago....
...Unlike Mr Kerkhoff, a former Thyssenkrupp chief financial officer, Ms Merz is an outsider, who joined the company only in 2018 and is seen as a moderniser and “not part of the Deutschland AG” establishment...
...Fears for the future of Deutschland AG were fuelled this week by announcements of swingeing job cuts from its leading carmakers, which are struggling with the immense cost of shifting to electric vehicles...
...Vodafone has struck a deal giving Telefónica Deutschland wholesale access to its cable network in Germany, as the UK company seeks to allay EU competition concerns over its €18.4bn purchase of Liberty Global...
...The jury already found Abdel Malek guilty of passing information to Choucair on deals involving Targa, BRE and Kabel Deutschland....
...German state-owned railway company Deutsche Bahn is considering reviving plans to list a minority stake in its international passenger transport business Arriva or its logistics division Schenker, in a move...
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