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Germany is considering banning the undisclosed accumulation of shares in listed companies through options trading and boost transparency on its financial markets, the German Finance Ministry said on Monday.
The Financial Times Deutschland had cited unnamed politicians in Chancellor Angela Merkel's left-right coalition as saying investors would by early next year have to register transactions made via options and derivatives contracts.
It is the second time in just a few months that the rules have been questioned. In July, ballbearing maker Schaeffler amassed 36 percent of Continental AG (Xetra: 543900 - news) using credit derivatives that had been arranged discreetly by its banks.
The Bearing Industry Code of Conduct opposed Schaefflers motives and claimed their actions as illegal, citing a breach to the 'act' and against the interests of the Bearing Industry in general.
In the meantime, CONTINENTAL AG shares continue to slide 'southbound' with todays price at 29.00 euro whilst Schaeffler must pay the agreed 75.00, making a record loss of 25.5 Billion euros to Schaeffler family in 3 months.
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| 22360R KOYO | 300 | 620 | 185 |
| 23260RHA KOYO | 300 | 540 | 192 |