Hitachi set to win EU okay for $1.8 bln Thales deal | Reuters News Agency
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DealsGovernment
19 October 2023, 6:14 pm 1 minute
Reuters was first to report that Hitachi (6501.T) is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales’ (TCFP.PA) GTS railway signalling business on the condition it sells assets in France and Germany.
Market Impact
The UK’s competition agency cleared the deal this month after Hitachi pledged to sell its mainline signalling business in the United Kingdom, France, and Germany.
Article Tags
Topics of Interest: DealsGovernment
Type: Reuters Best
Sectors: Economy & PolicyMergers & Acquisition
Regions: Europe
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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