German utility EON on Monday said it plans to cut up to 5,000 jobs as part of its takeover of the renewables unit Innogy from rival RWE, in a deal that will redraw the country's energy landscape.
The proposed sale of Swedish truck giant Scania to Volkswagen is hanging in the balance after two of the company's owners said they were unwilling to sell their shares to the German manufacturer.
German sportscar maker Porsche said Friday a US court has thrown out a lawsuit brought by US hedge funds claiming more than two billion dollars in damages over its failed 2008 attempt to acquire Volkswagen.
Germany's financial supervisory authority Bafin has serious doubts about the planned hostile takeover of the country's largest construction company Hochtief by Spanish rival ACS, a media report said Saturday.
Germany's largest bank, Deutsche Bank, has completed its purchase of parts of state-owned Dutch lender ABN Amro for €700 million ($1 billion), ABN Amro said Wednesday.
US soft drink giant Coca-Cola is eyeing a takeover of the pioneering German healthy soft drink label Bionade, according to a report in <i>Handelsblatt</i> on Friday.
After initially saying no and weeks of wrangling, German tyre maker Continental finally said yes on Thursday to a much-sweetened takeover offer by industrial firm Schaeffler.