Norbolsa | The president and owner of the Spanish steelmaker Sidenor, José Antonio Jainaga, is postulated as an industrial investor to take the entry in Talgo (as demanded by the Basque government). The operation would be carried out through the investment vehicle Mirai Investments, created in 2019 to acquire industrial businesses with a consolidated track record but that have the capacity for operational improvement, are undergoing transformation or have successions in their shareholding, a situation in which the railway company finds itself.
In terms of shareholding, Talgo’s main investors are interested in selling 32% of the capital, a total of €133M. In other news, last week the Basque Government also opened the door to acquire up to 10% through Finkatuz (€41M of investment).
