News / Hamburg's city parliament approves MSC purchase of stake in HHLA

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Hamburg City parliament yesterday voted to approve MSC’s acquisition of a 49.9% stake in the port’s terminal operator HHLA.

Despite mounting opposition to the deal over the summer, Hamburg’s ruling government – a coalition between the SPD and the Green party, known locally as the ’red-green coalition’ – saw the proposal pass with 105 votes for and 33 against.

All the opposition parties – FPD, CDU, the Left and AfD – voted against it.

The last remaining obstacle to the deal is European ...