UPDATE 1-German parliament backs revised VW law

Newswire

(Adds details, background) BERLIN, Nov 28 (Reuters) - Germany's upper house of parliament approved a revised law governing Volkswagen on Friday even though it fails to address a key European Commission objection that shields the carmaker from takeover. The Bundesrat, or upper house, voted to approve the revised law after the lower house, the Bundestag, had endorsed it on November 13. The new law addresses two lesser points the Commission had challenged: a shareholder's rights are no ...

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