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German government approves Chinese company COSCO taking minority stake in Hamburg container terminal

Por: Associated Press Business May 10, 2023

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BERLIN (AP) — Germany gave final approval Wednesday for a Chinese company to take a significant minority stake in the operator of a container terminal at the Hamburg port, following concerns that a larger buy-in might pose a national security risk.The government said it would stick to barring COSCO Shipping from acquiring more than than 24.99% of the Tollerort terminal of Hamburg port logistics company HHLA.Two junior partners in Chancellor... + full article



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