Hitachi wins EU okay for $1.8 billion Thales deal

EU antitrust regulators said on Monday they cleared Hitachi's 1.7-billion-euro ($1.80 billion) bid for Thales' GTS railway signalling business on condition

EU antitrust regulators said on Monday they cleared Hitachi's 1.7-billion-euro ($1.80 billion) bid for Thales' GTS railway signalling business on condition the Japanese company sells assets in France and Germany, as it offered to do so.

Reuters reported two weeks ago the European Commission was about to clear the deal.