A consortium of investors to acquire a 29.76% stake in Talgo for €156.68m.

A consortium of investors agreed to acquire a 29.7% stake in Talgo, a train maker, for €156.68m. The agreement marks a major milestone in Trilantic’s exit from the manufacturer’s shareholder base. It is subject to the fulfilment of financial conditions, including commitments from Patentes Talgo, S.L., several banking institutions and the Spanish Export Credit Insurance Company.