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IHI Corporation will transfer its power plant engineering business to Niigata Power Systems, which will also absorb Diesel United. The merged entity will be renamed IHI Power Systems, effective no later than July 1, 2019.
“The pooling of operations in the new, Tokyo-headquartered entity, IHI Power Systems, will not affect existing contracts and agreements with business partners and customers.”motorship.com
Summarized from public sources; check the original articles before acting on it.