Public offers as an invitation to anyone to participate in a company as a partner. Although this has been required for a long time, such offers have not been subject to a prospectus requirement until now; they are thus exempt from supervision by the supervisory authorities. – Anyone intending to acquire a significant stake in an institution must notify the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank without delay in accordance with the provision in Section 2c, Paragraph 1 of the German Banking Act (KWG). – See Participation Guideline,
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/