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Germany stalls Chinese takeover of Aixtron, citing security worries

by Chelsea Rebell (2019-04-24)

smartphoneFosun International agreed last July to buy German private bank Hauck Writing by Georgina Prodhan; Editing by Maria Sheahan and Mark Heinrich) 7576 Hong Kong dollars) ($1 = 0.

FRANKFURT/BERLIN, Oct 24 (Reuters) - The German government has withdrawn its approval for a Chinese takeover of chip equipment maker Aixtron, citing security concerns and throwing up an unexpected hurdle for a 670-million-euro ($728 million) deal on the home stretch.

It doesn't look good," Hastings said at the New Yorker TechFest on Friday. "Disney, technology who is very good in China, had their movie service shut down. Apple, who is very good in China, had their movie service closed down.

Weichei Power took a 25 percent stake in German forklift truck maker Kion in 2012. It took part in a July placement of new shares, and its 40 percent shareholding is today worth 2. After Kion's initial public offering in 2013, Weichei gradually increased its stake.

The film, which opens in New York on Friday, begins with a late-summer parade, a scene that highlights the innocence of what was in many ways a typical American town. Nearly four years after the shocking massacre at the Sandy Hook Elementary School, a new film, "Newtown," explores how a small Connecticut town has coped with the aftermath of the deadliest shooting of schoolchildren in U.

Oct 24 (Reuters) - The German government withdrew its approval for a Chinese takeover of chip equipment maker Aixtron on Monday, citing security concerns and throwing up an unexpected hurdle for a 670-million-euro ($728 million) deal on the home stretch.

"If the deal fails, Aixtron's future looks bleak and additional deep restructuring measures should be expected," Hauck & Aufhaeuser analyst Tim Wunderlich said, who recommends that investors sell the company's stock.

" Kuijken, 72, staged the opera in Leuven, Belgium, with period instruments and based on descriptions of how the work would have been performed originally in 1779. Belgian conductor and early music pioneer Sigiswald Kuijken has brought his anti-modernist approach to Joseph Haydn's opera "L'Isola Disabitata.

The decision to review the takeover comes amid rising concern over whether the government should do more to protect strategic technologies following a series of bids for German companies by Chinese investors this year.

Chinese home appliance maker Midea Group made an offer on May 18 to buy Kuka, valuing the German factory robot manufacturer at around 4. 5 billion euros, in by far the most expensive bid so far by a Chinese investor to gain control of German industrial technology.

6 billion euros, the companies said in June. China Three Gorges, which operates the world's largest hydropower plant on the Yangtze river, will buy German offshore wind park Meerwind from U. buyout firm Blackstone for an estimated 1.

Actor Tom Hanks said the real draw for him to reprise his role as fictional symbologist Robert Langdon in the film adaptation of Dan Brown's thriller "Inferno" was the chance to be "the smartest guy in the room. " "You give me the right amount of verbiage and just enough time to do the right amount of research, and I can convince you that I may be the smartest guy in the room," the actor internetnews said with a laugh to reporters on Thursday.

The film about Nat Turner, a slave who led a rebellion in Virginia in 1831, was once hailed as an awards front-runner but has been overshadowed by headlines about a 17-year-old rape case involving the writer, director, producer and lead actor, Nate Parker, who was acquitted at a 2001 trial. When "The Birth of a Nation" opens in theaters this week, its backers are hoping the film's buzz will finally shift away from the controversy dogging its creator and toward the slavery drama's powerful message about race relations in America.

Eric Schweitzer, president of Germany's DIHK Chambers of Industry and Commerce, warned against putting up further hurdles to Chinese investment in an interview published in German newspaper Handelsblatt on Monday.

The government had cleared the deal on Sept. 8 but Aixtron said on Monday that the Economy Ministry had now cancelled the clearance certificate for Fujian Grand Chip Investment Fund LP (FGC), a Chinese investment fund controlled by businessman Zhendong Liu, and planned to reopen a review of the takeover.

Chinese chipmaker Sanan Optoelectronics said two weeks ago it had had "preliminary contact" with German lighting group Osram - whose market valuation is 6 billion euros - regarding a potential acquisition or cooperation deal.

actor John Malkovich won libel damages from French daily Le Monde on Friday over an article in which the newspaper suggested he had held a secret Swiss bank account. A French court ordered Le Monde and two of its reporters, Gerard Davet et Fabrice Lhomme, to pay 14,000 euros ($15,600) in fines and damages to the Dangerous Liaisons star, lawyers for both sides told Reuters.