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Home News Item November 2, 2015Hitachi to Commence the Steps to Launch Mandatory Tender Offer (Hitachi Ltd)
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November 2, 2015Hitachi to Commence the Steps to Launch Mandatory Tender Offer (Hitachi Ltd)

november 02, 2015by 0

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(Source: Hitachi Ltd) Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice. Rome, Italy, 2 November, 2015—Hitachi, Ltd. informs that its (indirectly) wholly owned subsidiary, Hitachi Rail Italy Investments S.r.l., today acquired 80,131,081 shares of Ansaldo STS S.p.A. owned by Finmeccanica S.p.A. pursuant to the share purchase agreement entered into on February 24, 2015 with FinmeccanicaS.p.A. and been entirely satisfied. Hitachi Rail Italy Investments S.r.l. will commence the steps to launch a mandatory tender offer for the remaining shares of Ansaldo STS…

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