In this case, the parent S corporation continued its investmentin the subsidiary corporation, but in a different form by holding the assets directly rather than through stock ownership.
Politicians and union leaders proclaim that the foreign owners may not be dedicated to keep up investmentin the subsidiary, and that the take-over threatens national jobs and other economic interests.
Consors has enough confidence in the durability of the new brand of German finance to have launched an investment-banking subsidiary this week, specialising in new issues on the Neuer Markt.