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News 2026-07-10 09:02 UTC

Vossloh Gets National Security Clearance for Cordel Takeover Bid

() -- Cordel Group (CRDL.L) said Friday that its proposed takeover by a subsidiary of German rail technology company Vossloh (VOS.F) received clearance under the UK's national security rules the previous day. The 29 million-pound-sterling acquisition via a scheme of arrangement will take effect Aug. 13 following the fu