SNCF Unit Geodis to take 50% in Thales Freight and Logistics

AFX UK FOCUS 8th November 2002
PARIS (AFX) – Ste Nationale des Chemins de Fer Francais unit Geodis is to take a 50 pct stake in Thales’ unit Thales Freight and Logistics, the companies said in a joint statement.

They said that under the terms of the agreement they will share their defence and aeronautic expertise.

No financial details were given.

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