EU moves to strip Volkswagen of takeover protection

Volkswagen, one of the most vociferous opponents of boardroom pay disclosure, is to be the subject of European Commission legal action to strip it of protection against hostile takeover.

The Commission agreed today to take Germany to court for maintaining laws which protect the car maker with a "golden share".

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire