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Hitachi, Platinum Are Said to Be Among Bidders for Swarco Unit

Source: Bloomberg

M&A & RestructuringTransportation & LogisticsInfrastructure & Defense

A Hitachi Ltd. unit is among bidders for part of Swarco, an Austria-based traffic-solutions provider owned by the Swarovski family, according to people familiar with the matter. The potential transaction signals strategic interest in traffic-management infrastructure, though no valuation, deal structure, or timing was disclosed.

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