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Germany Blocks Chinese Cosco's Acquisition of Zippel Over Security Concerns

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The German government has decided to block the acquisition of an 80% stake in the Hamburg-based logistics company Zippel by the Chinese state-owned shipping company COSCO due to national security threats. A government report warns that this deal could create strategic dependencies on China, which Beijing could exploit as leverage during political crises. Zippel facilitates connections between German ports and internal logistics chains using rail, road, and sea transport.

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11 Sources

  1. Reuters China avatar

    Reuters China

    X / Twitter / @ReutersChina

    The German government intends to block the sale of logistics firm Zipp...

  2. TASS avatar

    TASS

    RSS / @tass.ru/rss/all.xml

    ФРГ намерена заблокировать покупку компании Zippel китайской Cosco В Б...

  3. SKAI.gr avatar

    SKAI.gr

    RSS / @https://www.skai.gr/feed.xml

    Γερμανία: Σχεδιάζει να μπλοκάρει την εξαγορά της Zippel από την κινεζι...

  4. Clash Report avatar

    Clash Report

    X / Twitter / @clashreport

    Germany intends to block Chinese state-owned Cosco from acquiring an 8...

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