Germany blocks Chinese takeover of satellite tech company: report

Berlin (AFP) Dec 3, 2020

Chancellor Angela Merkel's government has blocked a Chinese defence company from buying up a German company specialising in satellite and radio technologies including 5G over national security risks, local media reported Thursday. Based in North Rhine-Westphalia state, the company called IMST is an acquisition target of Addsino, a subsidiary of state-owned defence group China Aerospace Scien