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The military key with which the government is thwarting the Hungarian takeover bid for Talgo

The military key with which the government is thwarting the Hungarian takeover bid for Talgo

08/27/2024

Updated at 11:34 p.m.

The government has withdrawn the purchase of Talgo by the Hungarian Ganz-Mavag (Magyar Vagon), citing national security reasons. Specifically, the Ministry of Economy explained that the operation was not authorized “for reasons of protection of interests…

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