Business

Thales to sell ticketing business

2016-11-18T10:21:00

Thales has entered into exclusive negotiations with Latour Capital with a view to divesting its ticketing and revenue collection, road toll and car park management business.

FRANCE: On November 18 Thales announced that it had entered into exclusive negotiations with private equity firm Latour Capital with a view to divesting its transport ticketing, revenue collection, road toll and car park management business. The proposed transaction would not involve Thales’ railway signalling and control activities.

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