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Thales SA (THLEY.PK)

THLEY.PK on OTC Markets Group - US Other OTC and Grey Market

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Latest Key Developments (Source: Significant Developments)

Thales says end talks with Latour Capital on sale of revenue collection, road tolling business
Tuesday, 9 May 2017 12:05pm EDT 

May 9 (Reuters) - Thales Sa :French defence electronics group Thales said it ended exclusive negotiations on sale of revenue collection, road tolling and car park management systems business with private-equity firm Latour Capital."Latour Capital has concluded that this business is not aligned closely enough with its investment priorities", Thales said in a statement on Tuesday.Thales will continue weighing "various options" for the business, it said. .Thales' ticketing business employs 850 people and generated 190 mln euros of revenue in 2016, up 20 percent from a year earlier..  Full Article

Thales acquires Guavus in the US
Friday, 28 Apr 2017 01:08am EDT 

April 28 (Reuters) - Thales SA ::Thales acquires US company Guavus, a real-time big data analytics.Transaction is for maximum enterprise value of $215 million, subject to achievement of significant sales growth targets.Guavus revenues are expected to exceed $30 million for current fiscal year.The impact of acquisition on Thales' 2017 EBIT should be non-material.Transaction is expected to be completed during Q3 of 2017.  Full Article

Thales says to buy Guavus for 215 million dlrs
Friday, 28 Apr 2017 01:05am EDT 

April 28 (Reuters) - Thales Sa :Thales says to buy Guavus for 215 million dlrs.  Full Article

France reaches deal with Italy's Fincantieri over STX stake
Thursday, 6 Apr 2017 11:40am EDT 

French Government: Economy Ministry says in statement has given preliminary green light to plan by Italian shipbuilder Fincantieri to buy a stake in STX France . Fincantieri will have stake of around 48 percent in STX France, French state will retain 33 percent, French military shipbuilder DCNS will have around 12 percent and Italy's Fondazione CRT will have the rest, says Industry Minister Christophe Sirugue . DCNS will be on the board of STX France, Sirugue says Further company coverage: [FCT.MI] (Reporting by paris.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

Areva says has sold majority stake in Areva TA division
Thursday, 30 Mar 2017 02:51am EDT 

Areva : AREVA S.A. says that yesterday it had sold its majority stake in AREVA TA, its subsidiary specializing in nuclear propulsion and research reactors and employing nearly 1,500 people . Sold unit to consortium of buyers made up of the French Government's Agency of State Holdings (Agence des Participations de l’Etat – APE), the French Alternative Energies and Atomic Energy Commission (Commissariat à l'énergie atomique et aux énergies alternatives – CEA) and DCNS . "The finalization of the sale of AREVA TA is further evidence of our commitment to carry forward AREVA's transformation and to refocus the group on the nuclear cycle business," says Areva CEO Philippe Knoche in a statement Further company coverage: [AREVA.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Thales to upgrade the Swiss Air Force master radars
Wednesday, 18 Jan 2017 08:15am EST 

Thales : Thales to upgrade the Swiss Air Force master radars . This contract, which amounts to 74 million euros ($78.90 million), will be the main order within the broader FLORAKO radars life extension project approved by the Swiss government . As part of the Swiss Air Force's Florako programme, the master radars will be modernized over a period of 60 months .This technological update will enable the Swiss Air Force to maintain operational excellence up until 2030.  Full Article

Alstom wins 190 mln euros Vietnam metro contract
Tuesday, 17 Jan 2017 01:22am EST 

Alstom : Signed a contract with Hanoi Metropolitan Railway Management Board (MRB) to supply a metro system for Hanoi metro line 3 to start commercial operation by the end of 2021 . Alstom was leader of consortium with Colas Rail and Thales in Vietnam metro deal . Alstom's share of the contract is worth around 190 million euros ($205 million) ($1 = 0.9384 euros) Further company coverage: [ALSO.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Thales Alenia Space Spain wins contract with ESA
Friday, 14 Oct 2016 05:15am EDT 

Thales : Thales Alenia Space Spain wins a contract with the ESA for the development of an innovative infrared instrument for earth observation Further company coverage: [TCFP.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Engie signs partnership with Thales to enhance the security of its IT infrastructures
Tuesday, 30 Aug 2016 05:23am EDT 

Engie Thales : Aim is to anticipate evolution of cyber threats .Monitoring center will be based in Elancourt (Yvelines, France) and on the ENGIE premises in Saint-Ouen (Seine-Saint-Denis, France)..  Full Article

Engie and Thales win 225 million euro contract in Senegal
Wednesday, 27 Jul 2016 02:53am EDT 

Engie SA : Engie (mandatory) and Thales have been selected by APIX (the Senegalese Agency for Investment Promotion and Public Works, under the office of President of Senegal) to design and build systems and infrastructures for the new Dakar Regional Express Train .The contract is valued at €225 million ($247.30 million).  Full Article

More From Around the Web

BRIEF-Thales says end talks with Latour Capital on sale of revenue collection, road tolling business

* French defence electronics group Thales said it ended exclusive negotiations on sale of revenue collection, road tolling and car park management systems business with private-equity firm Latour Capital

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