The Spanish Government rejected the takeover bid by Hungarian Magyar Vagon on Talgo due to distrust linked to Viktor Orban's illiberal government.
Talgo is a strategic company for Spain, and the government needs to find an alternative that guarantees its sustainment.
Talgo's shareholders, who saw a decrease in the price of their shares, deserve more transparency from the Spanish government.
The Spanish government justified its decision by alleging 'insurmountable' risks and reasons of 'national security and public order'.
Despite rejecting the takeover bid, the government needs to provide a viable alternative for the future of Talgo.
Conclusion: It’s imperative for the Spanish government to find a sustainable alternative solution for Talgo following the rejection of the Magyar Vagon bid to ensure the company's future and reassure shareholders.