Adolf Merckle, called by the Financial Times one of Germany’s wealthiest people and owner of dozens of companies, apparently committed suicide when he was hit by a train near his Heidelberg area home Monday night. He had reportedly lost several hundred million euros “in trading related to Volkswagen shares” and was in difficult negotiations with banks to save his companies.

Posted by Ellen Wallace on 6 January 2009 at 18:31 | permalink
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News story, GenevaLunch, 6 January 2009.

Filed under: World news

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