(MENAFN) A study by PricewaterhouseCoopers (PwC) showed that this year, German firms have seen a growth in demand from investors all around the world.
The amount of corporate takeovers has increased to 99.8b Euros to Nov. in comparison with 38.5b Euros within the same period from a year earlier.
Based on the study, the strong increase in acquisitions of German firms was somewhat because of a few very large transactions including the merger between the rail divisions of Siemens and French rival Alstom and the purchase of carmaker Opel by French Peugeot.
The majority of takeovers occurred in the industrial production sector which is about 24%, while retail and consumption goods producers were the second most popular firms among foreign investors, and the third place was occupied by technology firms with 16%.
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