The Basque industrial group already showed interest last October and this ultimately resulted in a bid that would exceed the value of the train manufacturer on the stock market.
Hisor has sent an offer to Trilantic, Talgo’s largest shareholder, to acquire its stake in the company 29.9% at the train manufacturer, as confirmed by EITB Media. The value of the purchase is not specified, although it is indicated that this would be the case above the value that Talgo currently has in-house Bag.
In October it was confirmed that Talgo had received an expression of interest from industrial group Sidenor to acquire all or part of the company’s share capital, and last week the fund moved this offer.
Sidenor counts on Alantra as an advisor throughout the analysis process to evaluate Talgo’s accounts and situation in view of its entry into the company.
Following this analysis that is currently being carried out, Trilantic, one of the shareholders of Talgo, has since last week received an offer from Sidenor, a Basque company led by José Antonio Jainaga, to transfer its stake (29.9%) to take.
Currently, Talgo’s largest shareholder is Pegaso, a company founded by Trilantic fundthe Abelló family and some members of the Oriol (founders of Talgo), with 40.2% of the capital.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
