Fatal Train Crash Near Machu Picchu Involves Companies Linked to LVMH and Carlyle
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Fatal Train Crash Near Machu Picchu Involves Companies Linked to LVMH and Carlyle

A fatal head-on train collision occurred on the railway to Machu Picchu, killing one driver and injuring dozens. The incident has drawn scrutiny to train operators PeruRail SA and Inca Rail SA, which have stakes held by LVMH Moet Hennessy Louis Vuitton SE and Carlyle Group Inc., respectively. LVMH owns PeruRail through its acquisition of Belmond Ltd., while a Carlyle unit holds a majority stake in Inca Rail. The railway is a crucial transport link for tourists visiting the iconic Peruvian heritage site.

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