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Talgo S.A. ( (ES:TLGO) ) just unveiled an update.
A consortium of investors had previously expressed interest in acquiring 29.77% of Talgo’s shares. However, PFR is considering making a proposal to acquire 100% of Talgo’s shares, pending approval from Pegaso Transportation International SCA and PFR’s governing bodies. This potential acquisition could significantly impact Talgo’s market positioning, although there is no certainty that the offer will proceed.
More about Talgo S.A.
Talgo S.A. is a company operating in the rail industry, primarily focusing on the design, manufacture, and maintenance of railway equipment, including trains and components. The company has a significant presence in the international market, providing innovative solutions to meet modern transportation needs.
YTD Price Performance: 16.57%
Average Trading Volume: 1,060
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €468.3M
See more insights into TLGO stock on TipRanks’ Stock Analysis page.