Germany blocks sale of logistics company to China's Cosco

연합뉴스-Yonhap News Agency

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(Berlin=Yonhap News) Correspondent Kim Gye-yeon = The business newspaper Handelsblatt reported on the 7th that the German government blocked a Chinese state-owned shipping company from acquiring a domestic logistics firm due to security concerns...

Reformatorisch Dagblad

welingelichtekringen.nl

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welingelichtekringen.nl

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The German government has blocked the sale of a logistics company to the Chinese state shipping company Cosco. Germany is doing this due to safety concerns, the Ministry of Economic Affairs reports.

Tagesschau

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The Cartel Office had already given the green light, and now the Federal Government has stepped on the brakes: the Chinese cosco shipping company must not take over the majority of the logistics company Zippel. For security reasons, as it was called.

Anadolu Ajansı

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Planned acquisition by Cosco would have ‘deepened dependencies’ and put German and EU supply chains at risk, Economy Ministry says

Berliner Morgenpost

Thüringer Allgemeine

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Ostthüringer Zeitung

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tlz.de

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wr.de

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ikz-online.de

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braunschweiger-zeitung.de

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Westfalenpost

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nrz.de

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Already at the Hamburg terminal Tollerort Coco caused a dispute. Now the federal government stops another entry of the Chinese state ship.