Organisation: Hitachi

Hitachi/Thales set to close following EU approval

Hitachi Rail has secured approval from the European Commission for its $1.66 billion acquisition of Thales, subject to the same divestiture package as the one imposed in the UK.

30 October 2023

CMA conditionally clears Hitachi/Thales deal

Hitachi Rail has won clearance in the UK to acquire Thales’ ground transportation unit in exchange for divesting part of its mainline signalling business in Europe.

04 October 2023

CMA drops Hitachi/Thales theory of harm in Phase II

Hitachi’s proposed €1.7 billion purchase of Thales no longer raises competition concerns over the supply of communications-based train control signalling systems in the UK, the national competition authority has said, dropping one of its Phase II theories of harm.

23 August 2023

Canadian courts approve €54.3 million in auto parts cartel settlements

More than 30 auto parts makers and distributors have agreed to pay roughly €54.3 million to settle 23 class actions that claim they allegedly fixed prices for parts installed in new vehicles for nearly two decades.

30 June 2023

CMA signals concerns over rail infrastructure deal

The UK’s Competition and Markets Authority has told Hitachi it will need to offer remedies to secure approval for its €1.7 billion proposed purchase of Thales’ rail infrastructure business, due to concerns the transaction could lead to higher fares.

09 December 2022

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