Germany blocks Chinese satellite startup takeover
Credit: shutterstock/Paopano
The German government has stopped the Chinese majority shareholder of Kleo Connect from acquiring an additional 45% stake in the Berlin-based satellite company due to national security concerns.
Subscribe to Global Competition Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Competition Review experts.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10