Thales to sell signalling business to Hitachi in $2 bln deal
Gwénaëlle Barzic 1/3 The logo of Thales is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Read More PARIS, Aug 4 (Reuters) - Thales (TCFP.PA), Europe's largest defence electronics company, said it was in advanced talks to sell its GTS railway signalling business to Japan's Hitachi (6501.T) in a deal that values the division at 1.66 billion euros ($2 billion). The sale - which confirmed a Reuters exclusive - comes as the French company looks to streamline its sprawling operations and reassure ...