Talgo S.A. (ES:TLGO) has released an update.
The National Securities Market Commission announced the withdrawal of Ganz-Mavag Europe Zrt from its voluntary public takeover offer for Talgo S.A. shares, after the Council of Ministers denied the necessary foreign investment authorization. The initial offer, presented in April 2024, was deemed infeasible due to these exceptional circumstances, obstructing the offer’s completion.
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