US EditionSidenor's entry into Talgo is under way pending a postponement of the 116 million Renfe fine
4 Articles
4 Articles
The entry of the Basque consortium that leads Sidenor in Talgo’s shareholding continues to take place one and a half months after it announced a beginning in agreement with the British Trilantic fund for the purchase of 29.9% of the manufacturer for 152 million euros -with the option to raise the amount to 183 million euros-. Behind the stop there are several fringes that the new partners want to close before becoming the main shareholder of the…
Talgo is negotiating with the German operator of trains and buses Flix an order of more than 60 intercity 230 trains. Thus, the Spanish railway manufacturer intends to increase its presence on the German railway network. It should not be forgotten that the company is working on the manufacture of 79 intercity 230 high speed units for a value of 2 billion euros. Of the about eighty units, 23 trains correspond to an order made in 2019 for 550 mill…
MADRID, 26 (EUROPA PRESS) Talgo and the German operator of trains and buses Flix, operating in Spain under the Flixbus brand, are finalizing the signature of a new order of 63 intercity 230 trains, which would allow him to increase his presence on the German railway network. Sources of the sector confirm to Europa Press that both [...] La entrada Talgo negotiates with the German Flix an order of 63 trains for 1 billion euros aparece primero en F…
The agreement with Flix would contemplate the direct acquisition of a first batch of undisclosed units, while a second lot would be options for future purchase, according to the press release 'The Economist'. At the moment, both companies have refused to comment on it. For analysts of Banco Sabadell, if confirmed, it would be a news "with positive bias", since it would significantly increase the portfolio of orders (about 25%). However, "we do n…
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