A government memo reportedly warned the deal could create strategic dependencies that China could use as political leverage. Germany’s Economy Ministry is reviewing the transaction, including concerns over Zippel’s software systems and sensitive data.
Germany’s antitrust authority had already cleared the deal in February, saying national security was outside its remit.
Source: Handelsblatt
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Germany intends to block Chinese state-owned Cosco from acquiring an 80% stake in Hamburg logistics firm Zippel over national security concerns.
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