PARIS LA DÉFENSE--(BUSINESS WIRE)--Thales (Euronext Paris: HO) and Hitachi Rail announce today that they are entering into exclusive negotiations on the sale of Thales’s Ground Transportation Systems ...

Hitachi Rail has agreed to acquire Thales’ Ground Transportation Systems business for €1.66 billon (US$1.97 billion). The deal is expected to conclude in late 2022. Thales GTS is a global leader in ...

Combined business’ revenues €7.3bn in FY23 (pro-forma) achieve Hitachi Rail’s longstanding target to surpass ¥1 trillion annually Deal aligns with Hitachi Group’s sustainable growth strategy with ...

French company Thales said on Wednesday it had started exclusive talks over selling its Ground Transportation Systems unit to Japan's Hitachi, confirming an earlier exclusive Reuters report.

PARIS, Aug 4 (Reuters) - Thales (TCFP.PA), opens new tab, Europe's largest defence electronics company, said it was in advanced talks to sell its GTS railway signalling business to Japan's Hitachi ...

The deal is expected to create a ‘leading’ rail signalling provider. Credit: 12138562 from Pixabay. Hitachi Rail is set to enter exclusive negotiations to acquire French company Thales’ Ground ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A global transportation company ...