Report
Olfa Taamallah ...
  • Yan Derocles

Thales : Set to divest signalling – when? Why? At what price?

>Headed for a disposal of signalling? - Reuters reported yesterday that Thales had decided to sell its rail signalling activity and had already chosen Lazard as a consultancy bank to accompany it in the process. The details are apparently about to be sent to potential acquirers such as Alstom, Hitachi Rail, Stadler Rail, CAF and private equity funds, according to Reuters. The article reported a relatively wide valuation range (due to the lack of visibility on the stag...
Underlying
Thales SA

Thales is an electronics and systems group, serving defense, aeronautics, transport, space and security markets. Co.'s operations can be divided into four operating segments: Aerospace (Avionics, Space), Transportation (Ground Transport Systems), Defence & Security (Secure Communications & Information Systems Land and Air Systems, Defence Mission Systems), and DCNS. Co. designs and delivers systems for all four environments: air, land, sea and space. These systems detect and assess threats, manage information, support command decisions and control engagements through to threat neutralization. Co. is active in ground transportation; air transport; navigation systems.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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