BERLIN, July 2 (Reuters) – Germany will block the planned sale of Volkswagen (VOWG_p.DE) subsidiary MAN Energy Solutions’ gas turbine division to a Chinese company, three people familiar with the matter told Reuters on Tuesday.
The government is expected to rubber-stamp the decision at a cabinet meeting on Wednesday, the people said, declining to be named due to the sensitivity of the matter.
GHGT belongs to the China State Shipbuilding Corporation (CSSC), which dominates the Chinese shipbuilding industry.
MAN Energy Solutions said last September that the German government…
