Germany’s powerful IG Metall labour union will block any attempt by Chinese investors to buy Osram, the lighting company, in a further sign of the growing backlash against China’s involvement in the country’s high-tech sector.
Last month, China’s San’an Optoelectronics
said it had held talks with Osram on a possible acquisition of the group, which was formed in 1919 and makes lighting products and semiconductors.
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