Hitachi acquires 80.1% of ABB Power Grids in $11 billion deal

Hitachi Ltd. will acquire 80.1% of ABB's Power Grids unit for $11 billion, with plans to close in the first half of 2020.

“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.”powermag.com

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• powermag.comHitachi Acquires ABB Power Grids Business in $11 Billion DealDarrell ProctorDec 17, 2018

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