The possibility that the Mexican government would seek to nationalize the freight railroads seems unlikely, but it can’t be ruled out, according to a research update from investment firm Morgan Stanley.
The update, released Sunday, summarized two recent reports, one from the local newspaper El Universal saying that Mexican President Andrés Manuel López Obrador was considering nationalizing the railroads, and another from the same source later in the day disputing that report.
The reasons Mexico...
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