Poland's PFR raises bid for Spain's high-speed maker Talgo, newspaper reports
12/02/2025 07:18
WARSAW, Feb 12 (Reuters) - Poland's state-owned
investment fund PFR has raised its bid for Spanish train maker
Talgo's TLGO.MC , Polish newspaper Dziennik Gazeta Prawna
reported on Wednesday.
PFR is ready to pay at least 5 euros ($5.18) per share,
valuing the company above 600 million euros ($621.78 million),
the newspaper reported.
Talgo shares jumped on Monday after PFR said it intended to
bid for the company.
PFR did not immediately reply to a request for comment.
($1 = 0.9650 euros)
(Reporting by Marek Strzelecki
Editing by Tomasz Janowski)
((Marek.Strzelecki@thomsonreuters.com;))