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Cosco banned: German government blocks takeover of Zippel over security concerns
After months of review, the German government has barred Cosco from buying an 80 percent stake in Hamburg logistics firm Zippel, citing security concerns. The Economy Ministry warns of deepened dependencies, risks to the resilience of supply chains and possible transports of defense-related goods. While the competition authority raised no objections, the domestic intelligence service reported concerns about data access and political influence. The veto comes against the backdrop of a tougher German and European stance toward China. » More on zeit.de
Federal government bars sale of Zippel to Cosco over security concerns
The federal government has blocked the planned sale of the Zippel Group to the Chinese shipping company Cosco. The decision was justified by security concerns: a change of ownership to Cosco would deepen dependencies and endanger the stability of German and EU supply chains. Cosco had wanted to acquire 80 percent; Zippel CEO Axel Plaß planned to keep 20 percent and the day-to-day business was to continue unchanged. The Federal Cartel Office had previously approved the sale on competition grounds; the domestic intelligence service had raised security concerns. » More on wiwo.de
Federal government blocks sale of Zippel group to Chinese shipping company Cosco
The federal government has prohibited the sale of Hamburg logistics firm Zippel to Cosco over security concerns. Officials fear the takeover would deepen dependencies and endanger the stability of German and EU supply chains. Cosco had sought to acquire 80 percent; Zippel managing director Axel Plaß would have retained 20 percent and continued running the company; day‑to‑day operations are to remain unchanged. The Bundeskartellamt had approved the sale on competition grounds, but the Verfassungsschutz raised concerns, prompting the Federal Ministry for Economic Affairs to issue a prohibition order. » More on finanzen.net
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 14.24B | 135.05% |
| Gross profit | 2.53B | 190.15% |
| Net profit | 1.7B | 146.23% |
| EBITDA | 3.32B | 81.25% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €29.16B |
Number of shares | 15.22B |
52-week high/low | €2.06 - €1.47 |
Dividend yield | 6.04% |
Dividends TTM | €0.11 |
Beta | 0.58 |
P/E ratio | 9.53 |
PEG ratio | -0.21 |
P/B ratio | 1.08 |
P/S ratio | 1.14 |
Company profile
COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping, container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. The company operates through Container Shipping Business and Terminal Business segments. It offers container transportation, container stack, cargo storage, shipping agency, freight forwarding and transportation, vessel chartering, marine, document, vessel management and manning, liner agency, and other international sea transportation services. The company also designs and manufactures computer software; and provides technology services and solutions. The company was formerly known as China COSCO Holdings Company Limited and changed its name to COSCO SHIPPING Holdings Co., Ltd. in November 2016. COSCO SHIPPING Holdings Co., Ltd. was incorporated in 2005 and is based in Shanghai, the People's Republic of China.
| Name | COSCO SHIPPING |
| CEO | Weidong Tao |
| Headquarters | Tianjin,
sh China |
| Website | |
| Sector | Industrials |
| Industry | Air Freight & Logistics |
| IPO | 06/30/2005 |
| Employees | 32,768 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Pnk | CICOF |
Hkse | 1919.HK |
Frankfurt | C6G.F |
Düsseldorf | C6G.DU |
Hamburg | C6G.HM |
München | C6G.MU |