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Consortium to Acquire 29.7% Stake in Talgo S.A.

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Consortium to Acquire 29.7% Stake in Talgo S.A.

Confident Investing Starts Here:

Talgo S.A. ( (ES:TLGO) ) has shared an announcement.

Pegaso Transportation International S.C.A. and a consortium consisting of Clerbil, S.L., Finkatze Kapitala Finkatuz, S.A., Fundación Bancaria BBK, and Fundación Bancaria Vital have reached a commercial agreement to acquire approximately 29.7% of Talgo S.A.’s share capital. The agreement includes a fixed price per share and a variable component based on future performance, pending approval and formalization, indicating a significant shift in ownership that could impact Talgo’s market dynamics.

More about Talgo S.A.

YTD Price Performance: 17.16%

Average Trading Volume: 1,324

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €468.3M

For a thorough assessment of TLGO stock, go to TipRanks’ Stock Analysis page.

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