Refile: U.S. 'strongly suggested' there be no controlling interest by China in Hamburg port terminal

Hamburger Hafen und Logistik AG

02/11/2022 20:20

(Refiles with story identifier)
       MUNSTER, Germany, Nov 2 (Reuters) - The United States
“strongly suggested” that there would be no controlling interest
by China in the Hamburg port terminal, a senior U.S. State
Department official said, adding that the final deal was
adjusted in the end with no controlling stake for Beijing.
    Shipping giant Cosco made a bid last year to take a 35%
stake in one of logistics firm HHLA's  HHFGn.DE  three terminals
in Germany's largest port, but the German coalition has been
divided over whether to let the deal go ahead.
    Germany may allow China's Cosco to take a smaller stake than
originally planned in a Hamburg port terminal, in what an
economy ministry source last week described as an "emergency
solution" to approve the deal but mitigate the impact.
 urn:newsml:reuters.com:*:nL1N31Q0Q4
 (Reporting by Humeyra Pamuk; Writing by Daphne Psaledakis;
editing by Jonathan Oatis)
 ((Daphne.Psaledakis@thomsonreuters.com;))