takeover

Activist investor 7Square wants to block the planned takeover of Nürnberger Versicherungsgruppe by Vienna Insurance Group. It is calling for Nürnberger to consider looking at rival offers.

Infineon is expanding its activities in the auto sector with an acquisition in the USA. Germany's largest chip manufacturer is acquiring the automotive networking division of its competitor Marvell for 2.5 billion dollars.

The future of Hauck Aufhäuser Lampe CEO Michael Bentlage has yet to be publicy decided by ABN Amro. But he remains prepared to fulfil the rest of his contract under the new owners.