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Hitachi makes Finmeccanica offer for AnsaldoBreda - update

Deal may be worth a reported 1.4 billion euros

Redazione Ansa

(ANSA) - Rome, November 18 - Japanese giant Hitachi has made a binding offer for Finmeccanica's AnsaldoBreda train-making unit in a deal that may be worth a reported 1.4 billion euros, ANSA sources said. Several companies were bidding for AnsaldoBreda, which State-controlled Finmeccanica wants to sell to focus on its core defence and aerospace production units.
    Hitachi is one of two finalists for the passenger train division.
   

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