They are saying that almost every German 'blue chip' is evaluating the potential for changing their status. Almost every? Not only ALL german companies should be doing so, but all European companies should be.
It is part of their responsibilities to evaluate these things and come to a mature conclusion, one way or the other.
Onésimo Alvarez-Moro
See article:
Hardly anyone turned up at the press conference in Milan a month ago to hear Michael Diekmann, chief executive of Allianz. The subject matter seemed to have put people off: Allianz, a German insurance group, was to change its statutes to become a "European company", or Societas Europaea, using legislation passed by technocrats at the European Commission.
Yet the event was portentous. Allianz's change from an Aktiengesellschaft, or AG - Germany's version of a publicly incorporated company - into an SE is potentially far-reaching and could set an important precedent for peers. For the first time a big blue chip company was thinking of casting off its national identity and rebranding itself as a European entity, governed by corporate statutes common to the European Union's 25 member states.
Suddenly it is not alone. France's Suez is considering such a change, as are several other German blue chips including SAP, Europe's biggest software group, and DaimlerChrysler, the carmaker.
See full Article.
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