January 12, 2018 / 7:07 AM / 7 days ago

BRIEF-Thales says it is making good progress on 4.8 bln euros Gemalto takeover bid

Jan 12 (Reuters) - Thales/Gemalto:

* Thales and Gemalto publish joint statement to provide an update on Thales’ 4.8 billion euros bid for Gemalto.

* Thales and Gemalto say they are making good progress regarding the takeover

* The transaction is expected to close shortly after Thales has secured all customary regulatory approvals and clearances, which is anticipated in the second half of 2018, adds Thales

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