Concludes a principle of agreement for the Basque consortium led by Sidenor to buy Talkgo

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The consortium formed by Sidenor, Basque Government, BBK and Vital will be made with 29.7% of the train manufacturer.

It is already official: TallGO stays in Euskadi. According to Trilantic, the Basque consortium led by the president of Sidenor, José Antonio Jainaga, has concluded a principle to take 29.7% of the train manufacturer.

Exactly, today, the deadline given by this fund, the potential interested in buying their participation in the company ended.

The Sidesor offer is accompanied by the Basque Finkatuz Public Fund and the foundations of BBK and Vital Basque boxes, and offers 4.15 euros per share to which 0.65 euros is linked to the fulfillment of objectives in 2027 and 2028 and 2028 , who makes one, which makes a total of 4.8 euros per share, above 4 euros that he initially put on the table.

In this process, the Basque consortium was seen with the Polish Fonds PFR and India Jupiter Wagons as opponents when purchasing TallGO, although according to various media the Spanish government, with an option from Veto, would have stopped this route.

Talkgo, train manufacturer with Basque roots, has two floors in the state, the largest, with 700 employees is in Ribabellosa (Álava) – the other is in Las Matas, Madrid and has around 500 employees.

Source: EITB

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