German companies are picking up the pace in returning shareholder value and restructuring their busi...
German companies are picking up the pace in returning shareholder value and restructuring their businesses, although the country still lags behind leading European competitors. Anand Sunderji, European fund manager at Invesco, says Germany is rapidly changing from an old industrial state as a wave of new economy companies come through. Old economy stocks are also restructuring dramatically, from being stakeholder friendly to shareholder friendly. Sunderji cites Siemens, a spin-off from Epcos, a passive components manufacturer and Infineon, which produces semi- conductors, to realise shar...
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