Hitachi Rail has refiled its merger notification with the European Commission, formally restarting the merger clearance process for the acquisition of Thales’s Ground Transportation Systems (GTS) in the European Union.
Hitachi Rail’s planned acquisition of Thales’s Ground Transportation Systems (GTS) business was announced in August 2021. Since that time, Hitachi Rail and Thales have been progressing towards completing the €1,660 million deal, securing the regulatory approvals necessary for the transaction to proceed, including achieving merger clearances in 11 of the 13 required jurisdictions. In November…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
