Czechoslovak Group wins German approval for Hungarian defense acquisitions
( August 11, 2026, 10:17 GMT | Official Statement) -- MLex Summary: Czech defense company Czechoslovak Group has secured German antitrust approval to acquire 49 percent stakes in Hungarian defense manufacturer Hirtenberger Group as well as in ammunition maker and military vehicle producer Rába Group. The Federal Cartel Office said the businesses are complementary and, with "strong competitors" remaining, the deal "could even stimulate competition."The press release is attached....
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