(Bloomberg Opinion) -- Whenever a Japanese company acquires an overseas asset, the rationale is typically that it’s finding a way to survive the country's aging demographics and shrinking returns. But ...
(Reuters) - ABB is in talks with Japan's Hitachi about the Swiss engineering group's power grid business, which it may sell to focus on more profitable divisions. ABB has been in talks with Hitachi, ...
Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several ...
ZURICH--(BUSINESS WIRE)--ABB has reached an agreement to divest to Hitachi, Ltd. (Hitachi) its remaining 19.9 percent equity stake in the Hitachi Energy joint venture that was formed from ABB’s Power ...
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