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Comment: Magyar Vagon-Talgo Spanish veto shows increasing interventionism on intra-EU takeovers

By Tono Gil and Oscar Pandiello ( September 4, 2024, 10:44 GMT | Comment) -- Hungary’s Magyar Vagon is the latest in a growing list of companies to see its hopes to acquire another EU company crushed by a national government citing public security concerns. Its appeal of the Spanish block on its plan to buy Talgo could shed light on the opaque reasoning behind foreign direct investment decisions, and could even make its way up to EU courts. The case is an example of a broader trend of countries impeding intra-EU takeovers, mirroring the bloc's efforts to shield its companies from foreign influence, but on a smaller scale.Hungary’s Magyar Vagon is the latest in a growing list of companies to see its hopes to acquire another EU company crushed by a national government citing public security concerns....

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