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PFR Denies Proposal for Talgo Stake Acquisition

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PFR Denies Proposal for Talgo Stake Acquisition

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An update from Talgo S.A. ( (ES:TLGO) ) is now available.

PFR Fundusz Inwestycyjny Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych clarified that it has not made a proposal to acquire a stake in Talgo, S.A. from Pegaso Transportation International, S.C.A., addressing recent media rumors. This announcement highlights the current lack of movement in potential acquisition talks, maintaining the status quo in Talgo’s shareholder structure for the moment.

More about Talgo S.A.

YTD Price Performance: 23.58%

Average Trading Volume: 1,167

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €504.3M

For a thorough assessment of TLGO stock, go to TipRanks’ Stock Analysis page.

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