Ansaldo STS to become fully owned by Hitachi and delisted
Tokyo, Japan, January 22, 2019 - Hitachi, Ltd. (TSE:6501, "Hitachi") today announced that its (indirectly) wholly owned subsidiary, Hitachi Rail Italy Investments S.r.l., will come to hold 99.156% shares of Ansaldo STS S.p.A. on January 25, 2019 and will exercise the right to purchase all of the outstanding shares at Euro 12.70 per share.
Ansaldo STS S.p.A. will become fully owned by Hitac