Sony Pixel Power calrec Sony

Thales provides an update on the schedule regarding the disposal of its ground transportation systems business to Hitachi Rail

09/12/2022

Facebook

Twitter

LinkedIn

Thales (Euronext Paris: HO) and Hitachi have been making steady progress towards the completion of the proposed acquisition by Hitachi Rail of Thales's Ground Transportation Systems (GTS) business. Since the project was announced in August 2021, the two Groups have secured more than 2/3 of the regulatory approvals necessary for the transaction to proceed, including achieving merger clearances in 9 out of the 13 required jurisdictions. Hitachi Rail is currently in discussion with the European Commission's Directorate-General for Competition (DG Competition) with a view to securing approval of the transaction in the European Union.

On 9 December, the UK's Competition and Markets Authority (CMA) announced its intention to open a Phase II review of the transaction. The parties are reviewing the decision, but, as a result, it is now likely that the closing of the transaction will occur in the second half of 2023, instead of early 2023.

Thales and Hitachi Rail strongly believe in the competitive benefits of the transaction, which will deliver value for customers in the rail signalling and mobility sectors in the UK, Europe and globally. The two companies remain committed to working with all regulatory bodies to ensure the successful close of the transaction as soon as possible.

Documents

Thales updates the schedule of the disposal of its ground transportation systems business - Press release - 9 December 2022.pdf

Contact

Thales, Media Relations Ground Transportation

+33 (0)6 25 15 72 93 chrystelle.dugimont@thalesgroup.com

06 Jan 2023

CES 2023: The Software R publique and the R gion le-de-France launch the AI for Urban Mobility challenge

Read more

04 Jan 2023

2022: Thales Alenia Space leads the way in telecom satellite market as space becomes a strategic priority

Read more

22 Dec 2022

Thales Australia extends partnership with University of Sydney for transformative technology research and development

Read more
LINK: https://www.thalesgroup.com/en/worldwide/group/press_release/thales-pr...
See more stories from thales

More from Thales

28/03/2024

Thales speeds up its development of AI for defence

Facebook Twitter LinkedIn Thales, Europe's leading high-tech company in the civil and defence fields, has announced the creation of cortAIx, which bri...

27/03/2024

PERCEVAL: Thales and partners reshape the future of airline pilot training

Facebook Twitter LinkedIn Thales has formed a consortium with ENAC, lENS Paris-Saclay, Simaero, AviaSim and Corsair to develop a tooled methodology for ev...

21/03/2024

Thales and Skyguide partner to bring open architecture and best-of-class 3rd party system integration to the ATM industry

Facebook Twitter LinkedIn Thales and Skyguide signed a Memorandum of Under...

20/03/2024

2024 Thales Data Threat Report Reveals Rise in Ransomware Attacks, as Compliance Failings Leave Businesses Vulnerable to Breaches

Facebook Twitter LinkedIn 27% increase in companies that fell victim to a ...

20/03/2024

Thales and DGAC operate the world's first solar-powered Air Traffic Control radar station in Calama, Chile

Facebook Twitter LinkedIn The world's first Air Traffic Control radar ...

20/03/2024

Thales offers an upgraded product model for air traffic management with an upgrade of TopSky - ATC

Facebook Twitter LinkedIn TopSky - ATC works together with key stakeholder...

19/03/2024

Thales Alenia Space won European Space Agency's one of two LEO-PNT Orbit Demonstrators

Facebook Twitter LinkedIn A new satnav layer to complement the European Ga...

18/03/2024

Thales to modernize Montreal Mtro blue Line,improving passengers' punctuality and train reliability

Facebook Twitter LinkedIn Following a call for tenders, the Soci t de tra...

18/03/2024

Cyberani and Thales enter a strategic alliance to strengthen the Kingdom's cybersecurity

Facebook Twitter LinkedIn Mr. Saeed Al Saeed, CEO of Cyberani, and Mr. Pie...

18/03/2024

Thales to equip Cibao International Airport in Dominican Republic with new Air Traffic Control Radar System

Facebook Twitter LinkedIn Instituto Dominicano de Aviaci n Civil (IDAC) se...

15/03/2024

Post-quantum cryptography: six French cyber players join forces to design the secure communication networks of tomorrow

Facebook Twitter LinkedIn The RESQUE consortium brings together six French...

14/03/2024

Thales Alenia Space will develop the radar instrument for ESA's 10th Earth Explorer Harmony exciting new mission

Facebook Twitter LinkedIn Thales Alenia Space has been selected by ESA to ...

13/03/2024

Thales Partners with Neural Labs to Support AI-Powered Smart Cities

Facebook Twitter LinkedIn Partnership spanning two decades expands to incorporate cloud licensing SaaS capabilities will enable Neural Labs to deploy an...

12/03/2024

GCAA, Etihad Airways and Thales set a collaborative framework for optimising flight operations

Facebook Twitter LinkedIn On March 8th, the General Civil Aviation Authori...

11/03/2024

Thales provides expeditionary operations centre demonstrator to French Navy for drone-based mine countermeasures missions

Facebook Twitter LinkedIn Thales took less than six months to develop the ...

06/03/2024

Thales Earns Top Equity, Diversity and Inclusion Accreditation in the United Kingdom

Facebook Twitter LinkedIn Thales Transport in the UK has achieved the EW G...

05/03/2024

Thales reports its 2023 full-year results

Facebook Twitter LinkedIn Order intake1: 23.1 billion, slightly down 2% ( 0.2% on an organic basis2) Sales: 18.4 billion, up 4.9% ( 7.9% on an organic ...

04/03/2024

Thales collaborative cloud solution certified to European Restricted level

Facebook Twitter LinkedIn In 2021, TrustNest R-Cloud became the first cloud solution certified for use with information classified as Restricted Distribut...

29/02/2024

Thales successfully delivers the first CAPTAS-4 sonar for the US Navy

Facebook Twitter LinkedIn Advanced Acoustic Concepts (AAC), a subsidiary of Thales, has delivered the first CAPTAS-4 sonar for the U.S. Navys Constellatio...

28/02/2024

Eseye selects Thales to streamline IoT deployments with seamless connectivity management

Facebook Twitter LinkedIn Eseye, a global IoT connectivity solutions provi...

28/02/2024

Thales to supply 8 Full Flight Simulators to Airbus Helicopters to train Bundeswehr's H145M pilots

Facebook Twitter LinkedIn Thales has signed a historic contract with Airbu...

27/02/2024

Telit Cinterion partners with Thales to enhance its IoT eSIM provisioning services

Facebook Twitter LinkedIn Telit Cinterion, an end-to-end IoT solutions ena...

26/02/2024

Thales and Google scale eSIM across Android Ecosystem

Facebook Twitter LinkedIn Thales eSIM Discovery solution will run Google Discovery Service for seamless activation of Android devices. With 300+ eSIM pla...

22/02/2024

Thales and Thaicom establish the foundation to lead the Unmanned Traffic Management deployment in Thailand

Facebook Twitter LinkedIn Thales and Thaicom, through Thaicom's subsid...

21/02/2024

From post-quantum cryptography to seamless connectivity and 5G security, find out how Thales enables a secure connected world

Facebook Twitter LinkedIn Thales actively contributes to making the world ...

21/02/2024

Saab and Thales sign ATM MoU for Singapore

Facebook Twitter LinkedIn Saab and Thales announced today at Singapore Airshow 2024 the signature of a Memorandum of Understanding (MoU) to support the lo...

21/02/2024

Merah Putih-2 telecommunications satellite successfully launched

Facebook Twitter LinkedIn Set to provide more capacity over the Indonesian archipelago Cape Canaveral, Florida, February 21, 2024 - Merah Putih-2 telecom...

21/02/2024

Malaysia Airlines Partners with Thales to Optimize Flight Management and Surveillance Solutions

Facebook Twitter LinkedIn 20 Airbus A330neo aircraft in Malaysia Airlines&...

20/02/2024

Thales Alenia Space launches MARSBalloon to offer students the chance to fly experiments and test technologies that could one day be destined for Mars

Facebook Twitter LinkedIn Bristol, February 20th, 2024 - Thales Alenia Space, a joint-venture between Thales (67%) and Leonardo (33%), harness students...

20/02/2024

Thales Strengthens Avionics and Digital Capabilities in Singapore

Facebook Twitter LinkedIn Thales reinforces its Avionics industrial base in Singapore, through a Centre of Excellence that will work on industrialising ne...

19/02/2024

Air India selects Thales' AVANT Up In-Flight Entertainment to Elevate Experience for its Passengers

Facebook Twitter LinkedIn Air India will equip 51 of its aircraft with Tha...

19/02/2024

Thales supplies SurfSAT-L satellite communication solution for F126 German frigates

Facebook Twitter LinkedIn The German Navy will be equipped with SurfSAT-L ...

14/02/2024

Thales to equip Swiss rail operator BLS with a lower power consumption electronic interlockings

Facebook Twitter LinkedIn Thales has been awarded a frame contract to equi...

13/02/2024

Thales Alenia Space will provide communication equipment to NASA's NEO Surveyor mission

Facebook Twitter LinkedIn The equipment produced at Thales Alenia Space si...

06/02/2024

123 GRIFFON and 22 JAGUAR: 2023 DGA scheduled delivery successfully completed by Nexter, a KNDS company, Arquus and Thales

Facebook Twitter LinkedIn The temporary company grouping (Groupement Momen...

02/02/2024

Thales wins 1.8 Billion contract to maximise the days-at-sea for the Royal Navy'

Facebook Twitter LinkedIn The UK Ministry of Defence has today announced a...

01/02/2024

Cubris to provide new energy saving system for London's Elizabeth line

Facebook Twitter LinkedIn Alstom has chosen to implement Cubris' driver advisory system on Transport for London's Elizabeth line. TheGreenSpee...

29/01/2024

Korea's KASS satellite navigation system certified by national authorities and enters operational service

Facebook Twitter LinkedIn The KASS regional system was developed by Thales...

29/01/2024

Thales air data solution to enable the smooth and safe flight of Eve Air Mobility's eVTOL aircraft

Facebook Twitter LinkedIn The strategic partnership between Thales and Eve...

29/01/2024

Thales updates its financial agenda

Facebook Twitter LinkedIn Thales (Euronext Paris: HO) updates its financial agenda for 2024. Date Event Release 5 March 2024 Full Year 2023 results ...

24/01/2024

IIT Madras and Thales announce fourth edition of Carbon Zero Challenge (CZC 4.0), invite applications across India

Facebook Twitter LinkedIn As part of its CSR efforts in India, Thales has ...

23/01/2024

Thales and Caju take cards produced with sustainable raw materials to more than 30 000 companies in Brazil

Facebook Twitter LinkedIn Caju is now issuing recycled PVC cards from Th...

23/01/2024

Thales and Quantinuum Launch Starter Kit to help Enterprises prepare for Post-Quantum Cryptography

Facebook Twitter LinkedIn The new solution - the PQC Starter Kit - offer...

16/01/2024

EU launches Nostradamus and prepares Europe for a quantum world

Facebook Twitter LinkedIn Deutsche Telekom-led consortium responsible for building EUs quantum communications testing infrastructure. Partners are Thales...