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Germany blocks Chinese takeover of satellite firm on security concerns

Submit on Tuesday, December 8th, 2020 22:56

Germany has blocked the takeover of satellite and radar technology firm IMST by a subsidiary of state-controlled missile maker China Aerospace and Industry Group (CASIC) due to national security concerns.

This entry was posted on Tuesday, December 8th, 2020 at 10:56 pm and is filed under LAW & ORDER. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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