Sale of AnsaldoBreda and Ansaldo STS to Hitachi completed

Finmeccanica and Hitachi have announced the closing of transactions relating to Hitachi’s acquisition of the business of AnsaldoBreda, with the exclusion of some revamping activities and certain residual contracts, and Finmeccanica’s entire economic interest in Ansaldo STS, equal to approximately 40 per cent of its issued share capital. Finmeccanica has selected Hitachi as the best industrial partner to ensure a successful long term repositioning of its transportation business and believes integration in
November 3, 2015 Read time: 1 min
6747 Finmeccanica and 2213 Hitachi have announced the closing of transactions relating to Hitachi’s acquisition of the business of AnsaldoBreda, with the exclusion of some revamping activities and certain residual contracts, and Finmeccanica’s entire economic interest in Ansaldo STS, equal to approximately 40 per cent of its issued share capital.

Finmeccanica has selected Hitachi as the best industrial partner to ensure a successful long term repositioning of its transportation business and believes integration into Hitachi will secure the best possible future for the Ansaldo STS and AnsaldoBreda businesses and their employees.

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