Hitachi Rail Limited entered into an agreement Ground Transportation Systems Business from Thales S.A. (ENXTPA:HO) for an enterprise value of 1.7 billion.
Deutsche Bank Aktiengesellschaft (XTRA:DBK) and Perella Weinberg Partners (NasdaqCM:PWP) acted as financial advisors to Hitachi Rail Limited while Clifford Chance LLP provided legal advice. Lazard Ltd (NYSE:LAZ) acted as financial advisor to Thales S.A. while BDGS Associés, BDGS Associés and August Debouzy provided legal advice. Marie-Françoise Bréchignac, Aurélie Goville, Johanna Federspiel, Guillaume le camus, Olivier Vasset, Jérémie Paubel of Baker & McKenzie LLP acted as legal advisor to the Thales S.A. (ENXTPA:HO).