Wednesday, November 13, 2024
Hawai'i Free Press

Current Articles | Archives

Friday, March 18, 2016
Police Raid Offices of Honolulu Rail Car Supplier
By Selected News Articles @ 1:28 PM :: 5416 Views :: Rail

Police Raid Offices of Honolulu Rail Car Supplier

Reuters: Italy's tax police searched the offices of Hitachi, Finmeccanica, and Ansaldo STS on Wednesday as part of an investigation into the acquisition by the Japanese group of a stake in Ansaldo STS, several sources said.

Prosecutors are looking into alleged collusion between Hitachi and Finmeccanica over the price paid Finmeccanica for its 40 percent stake in Ansaldo STS….

The sources said the tax police had searched Hitachi's offices in Naples, Finmeccanica's offices in Rome and Ansaldo STS offices in Genoa….

The investigation was opened at the request of Bluebell Partners, a shareholder of Ansaldo STS….

read … Italy tax police search Hitachi, Finmeccanica, Ansaldo STS offices

Acquisition of Honolulu rail car maker still up in the air 

PBN:  “the Honolulu Authority for Rapid Transportation had expressed an interest in working with Hitachi on making its rail system better.  HART Chairman Don Horner had said he hoped the new ownership would use its talents to make a more energy-efficient system. However, HART’s work with Hitachi hinges on it making a deal with Ansaldo, which has been in limbo since November last year.”

read … Up in Air

New wrinkle in Hitachi purchase of Honolulu's rail car provider, Ansaldo

PBN March 18, 2016: An American investment fund has joined the multinational fray over Hitachi's attempted takeover of Ansaldo STS, the company with a $1.4 billion contract to provide and operate the rail cars for Honolulu’s rail transit project.

On Friday, the U.S. activist investor group, Elliott, raised its position in Ansaldo to just under 29 percent, according to Ansaldo. Back in February, Elliott had an overall stake of just 19.5 percent. The increased position gives the investment fund the power to veto any extraordinary operations proposed in shareholder meetings….

read ... New wrinkle in Hitachi purchase of Honolulu's rail car provider, Ansaldo

SA: Collusion probe targets firms linked to isle rail system

Background:

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii