[HIGHLIGHTS] The Hungarian company Magyar Vagon will present the takeover bid for Talgo this afternoon despite the express opposition of the Government

The Hungarian company Magyar Vagon will present the takeover bid for Talgo this afternoon despite the express opposition of the Government. The Hungarian group Ganz-Mavag is already finalizing the necessary procedures to be able to present the Public Acquisition Offer (OPA) for 100% of Talgo for about 630 million euros.

The next obstacle will be to obtain the approval of the Spanish Government, which has already announced that it will try to stop the operation, as Talgo is a strategic company for the country.