Categories: Business

Talgo and minority shareholders are on a roll to get the government to immediately approve the Hungarian takeover bid.

The board of the train maker sends a letter to chief executive Pedro Sanches condemning the economic damage caused by delays in approving the Hungarian proposal.

Minority shareholders threaten to sue government for financial liability

Talgo train production Avelino Gomez


24.07.2024

Updated at 14:15.

Talgo and its shareholders’ patience appears to be wearing thin with the government continuing to try to buy time to find an alternative offer to the Hungarian takeover of Ganz-Mavag (Magyar Vagon). As the newspaper was able to confirm, sources close to Talgo have…




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Tags: ApprovalgovernmenthungarianOffensiveretailerstakeovertalgo
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