berlin decision: German Deputy Economy Minister Matthias Machnig said Berlin decision to withdraw its approval came after new security-related information emerged. "The government received previously unknown security-related information," Machnig told German newspaper "Die Welt," adding that the ministry evaluated the information in question together with other departments, according to Deutsche Welle. Shares in Aixtron, which makes machines that are key for the production of red, blue, green and white light emitting diodes , were down by about 7 percent in morning trading Monday, plunging well below FGC offer price of 6 euros per share in cash. Aixtron also said that the Economics Ministry was planning to reopen a review of the $728-million takeover on grounds that were not immediately clear to the German chip equipment maker. Watch video 01:14Chinese companies look to Germany Policy U-turn The move must be seen as a change in German economic policy, which has so far been rather takeover-friendly, but which now seems to re-consider positions when it comes to key industries. Rising Chinese interest in German companies is reflected by a number of high-profile takeovers recently, including among others the acquisition of German industrial robot maker Kuka by Chinese household appliance manufacturer Midea for 4.5 billion euros. German Economy Minister Sigmar Gabriel called in June for a Europe-wide safeguard clause which could stop foreign takeovers of firms whose technology is deemed strategic for the future economic success of the region.
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