WebFrench aerospace firm Thales Group will sell its rail signaling and train control systems business to the rail division of Japan's Hitachi Ltd. for an enterprise value of €1.66 billion ($2 ... Web4 Aug 2024 · Hitachi Rail is set to enter exclusive negotiations to acquire French company Thales’ Ground Transportation Systems (GTS) Global Business Unit for around $2bn (€1.66bn). GTS provides rail signalling and train control systems, telecommunications and supervision systems, fare collection solutions, and other key technologies.
Merger Update: Hitachi / Thales Regulatory News
Web9 Dec 2024 · Hitachi Rail has provided an update on the schedule for its acquisition of Thales’s Ground Transportation Systems (GTS) business. Hitachi Rail’s planned acquisition of Thales’s GTS business was initially announced in August 2024. The two companies have since been working to secure the required regulatory approvals for the transaction to ... Web4 Aug 2024 · Hitachi set to acquire the transport business for approximately £1.4 billion. Thales is in talks to sell its transportation business to Hitachi Rail, allowing the company to divert its focus to ... haverford workday
Thales To Sell Its Rail Business To Hitachi - Quick Facts
Web4 Aug 2024 · On August 4, 2024, Hitachi, Ltd. announced that Hitachi Rail, which is the operator of a railway systems business, will acquire the railway signal business of Thales, … Web12 Apr 2024 · Thales - THLEF News Today $142.41 0.00 (0.00%) (As of 04/5/2024 12:00 AM ET) Compare Today's Range $142.41 $142.41 50-Day Range $131.75 $148.50 52-Week Range $107.55 $148.50 Volume N/A Average Volume 353 shs Market Capitalization N/A P/E Ratio 35.03 Dividend Yield 0.79% Price Target N/A Profile Analyst Ratings Chart … Web6 Sep 2024 · Baker McKenzie has assisted Thales in more than forty jurisdictions on entering into negotiations with Hitachi Rail for the sale of its Global Ground Transportation Systems Business with an enterprise value of €1.66 billion. The acquisition is expected to close by the end of 2024 or early 2024, subject to regulatory approvals. haverford women\\u0027s soccer