EU court overturns law protecting Volkswagen from takeovers
EU court overturns law protecting Volkswagen from takeovers
The court ruled that the “VW law” discouraged foreign investors from taking a stake in Volkswagen because the German federal government and the region of Lower Saxony - a major shareholder - are able “to exercise considerable influence” over the company. “This situation is liable to deter direct investors from other member states ” the court said in a statement.
Source: money.cnn.com
So long Jed. Nissan will miss ya.
BusinessWeek - Whenever top execs take a retirement, it always raises eyebrows. Did he really retire? Was he forced out? Did he just say, enough already? Make no mistake about Jed Connelly, the outgoing senior vice president of sales and marketing for Nissan North …
Source: www.businessweek.com