Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Stuttgart - Delayed Quote • EUR Talgo SA (XTG.SG) Follow Compare 3.0050 +0.1000 +(3.44%) As of 8:05:33 AM GMT+2. Market Open. All News Press Releases SEC Filings Sidenor in talks to buy some or all of Spanish train maker Talgo Last week, Sidenor sent Talgo a letter saying it was considering a tender offer for part or all of Talgo's equity, driving the stock up more than 6%. The move comes two months after Hungarian consortium Ganz-Mavag withdrew a tender offer for Talgo following the Spanish government's opposition to the deal. Ganz-Mavag withdraws Talgo bid after government opposition The Hungarian company said it would withdraw its offer but did not rule out another attempt to acquire Talgo in the future after appealing the government’s decision. Talgo doesn’t rule out Skoda merger after competitor’s offer The Czech company’s offer is reportedly sponsored by the Spanish Government in a bid to supersede a takeover bid from Hungary’s Ganz-Mavag. Spanish train maker Talgo receives merger offer from Czech rival Skoda Spanish train maker Talgo said on Tuesday it received a merger offer from Czech rival Skoda four months after Hungarian consortium Ganz-Mavag launched a public tender offer for all Talgo shares. Skoda, which is unrelated to the car maker owned by Germany's Volkswagen, made an offer of "business combination and industrial merger" without any economic offer, Talgo said in a statement. Talgo said it had asked Skoda for detailed information to be able to evaluate whether it surpasses the 619 million euros ($674 million) in cash offered by Ganz-Mavag on March 7. Renfe announces May start date for new high-speed trains The state-owned rail operator said that as well as improving existing high-speed services, the new trains would allow it to increase capacity on other lines. Performance Overview Trailing total returns as of 4/16/2025, which may include dividends or other distributions. Benchmark is IBEX 35... (^IBEX) Return XTG.SG IBEX 35... (^IBEX) YTD -10.16% +11.38% 1-Year -27.06% +22.07% 3-Year -15.24% +47.72%