# Hitachi to sell half its digger unit stake for $1.6 billion

Hitachi plans to sell a 50% stake in its construction machinery (digger) unit for $1.6 billion.

- Type: Investment
- Announced: 2020-04-07
- Where: Japan
- Value: $1.60B
- Status: announced
- Products: diggers, construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md)

## Sources

- [mining.com](https://www.mining.com/hitachi-brings-the-heat-to-fairbanks/hytachi/), 2020-04-07: "Hitachi to Sell Half Its Digger Unit Stake for $1.6 Billion"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.