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MÁV makes offer for Slovak cargo unit

Hungarian railway company MÁV Rt has made an indicative offer together with a Slovakian investment bank to buy shares of ZSSK Cargo Slovakia, the Slovakian railway company's cargo unit, daily Magyar Hírlap reported. A preliminary decision on offers for the stake will be made by the end of August. Final offers will not be due until after November. The German railway company has said it might be interested in bidding together with MÁV in the final round of the tender.