Hitachi offers EU remedies on Thales rail signal business buy By Reuters

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Hitachi offers EU remedies on Thales rail signal business buy By Reuters


© Reuters. FILE PHOTO: The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd Wiegmann

BRUSSELS (Reuters) – Hitachi (OTC:) has offered remedies in a bid to secure EU antitrust approval for its proposed acquisition of French infrastructure company Thales’ rail signal business, an EU regulatory filing showed on Friday.

Hitachi submitted its remedies on Thursday, the same day it sought approval for the deal, the filing on the European Commission website showed.

The EU competition enforcer set a Nov. 6 deadline for its decision.



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