How to profit from Germany’s coming takeover boom

It's tough to find even the most basic information on Germany's 900 listed firms. But this is why its equities are among the cheapest in the world, says Sven Lorenz. And with an obscure tax law about to spark a wave of takeovers in the country, smart investors could make a great deal of money if they invest now - here's how.

The UK is the easiest to access merger and acquisition (M&A) market in the world. Even bids for national institutions such as P&O or the London Stock Exchange don't arouse the least bit of protectionist opposition. Yet the world's most profitable deals aren't going to happen here, but in Germany. Sven Lorenz reveals how to make money out of the coming boom.

German tax laws are famously opaque, but getting to the bottom of them is nothing compared to trying to find out even the most basic information about its 900 listed companies. Of these firms, 80% aren't covered by analysts, disclosure laws are not quite up to the standards of those in other Western countries, and even if you know where the information you are after can be found, you'll only ever find it in German.

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