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4 Firms Steer $2B Sale Of Thales' Rail Biz To Hitachi

By Benjamin Horney ( August 4, 2021, 10:34 AM EDT) -- French aerospace firm Thales Group will sell its rail signaling and train control systems business to the rail division of Japan's Hitachi Ltd. for an enterprise value of €1.66 billion ($2 billion), the companies said Wednesday, in a transaction guided by four law firms....

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