Saudi Arabia scraps contract for six high-speed trains from
Talgo
Saudi cancels $201m train deal with Talgo
MADRID, July 15, 2015
Talgo said on Wednesday that Saudi Arabia had cancelled a $201 million contract for six high-speed trains it awarded to the Spanish train maker in February.
The company gave no reason for the cancellation and said it would not materially affect its financial projections for 2015 and 2016. - Reuters
