Thales-Hitachi railway signalling deal to close later than planned By Reuters


© Reuters. FILE PHOTO: The logo of Thales is seen at the Viva Tech fair in Paris, France, May 16, 2019. REUTERS/Charles Platiau

(Reuters) – Thales now expects the sale of its railway signalling business to Japan’s Hitachi (OTC:) to close in the second half of 2023 as Britain’s competition watchdog intends to open a further review of the transaction, the French firm said on Friday.

The companies had previously expected the transaction to close in early 2023.

Be the first to comment

Leave a Reply

Your email address will not be published.


*