Finmeccanica agrees sale of rail businesses to Hitachi for $2.2 billion
Italian aerospace and defence group Finmeccanica has agreed to sell its rail business to Hitachi Ltd in a deal which will cost the Japanese conglomerate up to 1.9 billion euros ($2.2 billion) and cut Finmeccanica`s debt by 15 percent.
Feb 25, 2015, 09:14 AM IST
Hitachi to buy Italian railways firms for over $2 bn
Hitachi will buy the rail and traffic signal businesses of Italy`s Finmeccanica for an estimated $2.1 billion, reports said Tuesday, as the Japanese firm looks to expand overseas and challenge major international railways firms.
Feb 24, 2015, 09:20 AM IST
