September 30, 2016 / 12:02 PM / a year ago

Germany says watching Chinese takeover interest closely

The logo of lamp manufacturer Osram is pictured at the headquarters in Munich, Germany February 26, 2014. REUTERS/Michaela Rehle/File Photo

BERLIN (Reuters) - The German government is carefully watching the interest of Chinese businesses in taking over companies in Germany, an Economy Ministry spokeswoman said on Friday.

The spokeswoman declined to comment on a report in German business daily Handelsblatt that potential buyers of shares in lighting group Osram had been in contact with Siemens (SIEGn.DE), which holds a stake in Osram.

But she added: “We are carefully watching the overall situation, especially concerning takeovers from China.”

Reporting by Paul Carrel and Michael Nienaber

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