Hitachi wins EU okay for $1.8 bln Thales deal
Business
Hitachi wins EU okay for $1.8 bln Thales deal
BRUSSELS (Reuters) - EU antitrust regulators said on Monday they cleared Hitachi's (6501.T) 1.7-billion-euro ($1.80 billion) bid for Thales' (TCFP.PA) 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.
