Black rock cut by below 1% its share package in the railway manufacturer. A move that comes the day after the government vetoed the takeover bid Hungarian chariot about Talgo.
Thus, the Hungarian consortium Ganz-Mavag Europe is not the only victim in the Talgo case. The government’s refusal to public takeover bid This also punishes the railway manufacturer’s investors.
BlackRock has entered Talgo June 3, four months after the announcement of the offer by Ganz-Mavag Europe. Their stake amounts to 1.017% of the company. This share package was divided into 0.968% in the form of direct shares and an additional 0.049% in the form of financial instruments, such as share loans (securities lent) and contracts for difference (CFDs).