Poland's development fund PFR with no proposal made to acquire Talgo shares by now
Poland's state development fund PFR has not, as of today, made an offer to acquire the shares of Spanish high-speed rail producer Talgo from Pegaso, which holds a 40 percent stake in Talgo, nor has it decided on the matter, according to a statement posted on the website of Spanish financial regulator CNMV.
"Further to the statements sent to the National Securities Market Commission of February 8 (...) and February 9(...), as well as to the rumours appearing in the media and at the Commission's request, PFR (...) announces that, as of today, it has not submitted to Pegaso Transportation International, S.C.A. a proposal for the acquisition of shares in Talgo, nor has any decision been made in this regard," PFR wrote.
On Monday, PFR announced plans to present a proposal as part of the sale of shares by Pegaso Transportation International 'in the coming days,' which holds 40 percent of Talgo's shares. If accepted by Pegaso, it would entail launching a public offer to acquire 100 percent of Talgo's shares.
alk/ tus/ nl/ ao/