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Editorial: El Mundo

  • 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.