Lower Saxony owns 11.8% of its shares and has 20% voting rights. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

The German state of Lower Saxony has spent about 41 million euros ($55.2 million) to buy more Volkswagen shares <VOWG.DE> and keep its voting stake at about a fifth, the state's finance ministry ...

The premier of the northern German state of Lower Saxony is set to step down in May. Stephan Weil, from the centre-left Social Democratic Party (SPD), said on Tuesday that he intends to resign ...