According to ElEconomista.es, Spain’s economy minister, Carlos Cuerpo, made an urgent visit to Poland to meet with three Polish government ministers involved in the Talgo takeover deal.
This visit comes at a time of potential tensions between Spain and Poland over the manufacturer’s future. During his visit, Mr Cuerpo reiterated Talgo’s status as a “strategic company,” highlighting its importance not only for the sector in which it operates but also for the technologies and patents it has developed.
The deadline for bids is Friday, and several sources indicate that PFR, owner of the manufacturer Pesa, will offer at least 5 euros per share.
The Spanish minister set two key conditions for authorising the entry of new shareholders: the presence of stable shareholders with a long-term vision and the reinforcement of industrial capacity in Spain.
Cuerpo also defended the Spanish government’s implementation of the ‘anti-opas shield’ as an example of a balance between encouraging foreign investment and protecting national strategic interests.
Although he called for caution regarding the operation, he pointed out that Sidenor’s offer “is progressing well”. The minister left the door open to future collaborations with Poland in the railway sector, even if the Polish fund PFR does not succeed in taking over Talgo.