Thales poised to sell signalling unit to Hitachi for about $2 bln – source

 poised to sell signalling unit to Hitachi for around $2 bln.

French firm Thales is in advanced negotiations to sell its railway signalling business to Japan’s Hitachi for nearly 1.7 billion euros ($2 billion).

The source, who spoke on condition of anonymity, said the deal was scheduled to be announced within the next few days.

Check out the link below for the full story!

https://www.nasdaq.com/articles/exclusive-thales-poised-to-sell-signalling-unit-to-hitachi-for-about-%242-bln-source-2021-08?amp

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