Saturday, 16 October 2021

Tag Archives: Hitachi

Hitachi to buy majority stake in ABB’s power grid arm for $6.4 bn

TOKYO: Japan’s Hitachi announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout. The deal would make Hitachi the world’s largest power grid company, local media said. Under the plan, ABB will ...

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