Hitachi is to take over the power grid business of Swisss engineering group ABB. Initially, Hitachi will pay $6.4 billion for 80% of the business and, after four years, it will buy the remaining 20%. The first part of the deal is set to close in H1 2020. The idea is to make Hitachi better ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/hitachi-buys-abbs-power-grid-business-2018-12/
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