Germany orders TanQuid to sell pipeline stake after US takeover

NAMPA / DPA

2026-01-29

Berlin (dpa) - German tank storage operator TanQuid must sell its stake in a pipeline company that operates critical defence systems, following its controversial takeover by a US company, according to a letter from the Economy Ministry seen by dpa. TanQuid is required to sell its 49% stake in pipeline operator FBG, which is responsible for running federally owned pipeline systems used by Germany's armed forces and NATO, said the letter, which was......

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