Hitachi wins EU okay for $1.8 billion Thales deal

by | Oct 30, 2023 | Business

(Story refiled without change)

BRUSSELS (Reuters) – EU antitrust regulators said on Monday they cleared Hitachi’s 1.7-billion-euro ($1.80 billion) bid for Thales’ GTS railway signalling business on condition the Japanese company sells assets in France and Germany, as it offered to do so.

Reuters reported two weeks ago the European Commission was about to clear the deal.

($1 = 0.9434 euros)

(Reporting by Marine Strauss and Benoit Van Overstraeten)


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