Hungarian consortium proposes Talgo takeover

Talgo hydrogen test train

SPAIN: Hungarian consortium Ganz-Mavag Europe has put forward a €619m offer to buy 100% of Talgo, which said the offer was attractive. However, the Spanish government is not keen to see the company in foreign ownership, and options including a potential takeover by CAF are reportedly being explored.

You’ve reached your limit of content for the month

Get enhanced access to Railway Gazette news and weekly newsletters.

Register for free now