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Hitachi Rail Enters Agreement to Acquire Thales' Ground Transportation Systems Business

  • Written by ACN Newswire - Press Releases
Tokyo and London, Aug 4, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and Hitachi Rail today agreed to acquire Thales' Ground Transportation Systems business (the "Business" or "GTS") for an enterprise value of EUR1,660 million (~YEN215 billion). The final purchase price will be determined after customary adjustments typical for a...

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