Hitachi completes acquisition of 80.1% stake in ABB Power Grids

Hitachi, Ltd. completed the acquisition of an 80.1% stake in the Power Grids business of ABB Ltd. for approximately $6.4 billion (enterprise value $11 billion). The business will become a Hitachi subsidiary headquartered in Switzerland.

“Hitachi, Ltd. completed the acquisition of 80.1% stake in Power Grids business of ABB Ltd.”uk.marketscreener.com

• 6 sources
• uk.marketscreener.comHitachi, Ltd. completed the acquisition of 80.1% stake in Power Grids business of ABB Ltd.S&P Capital IQJun 30, 2020
• business-standard.comHitachi completes merger of its JV business unit with Power India | Company News - Business StandardPress Trust of IndiaJul 1, 2020
• powermag.comHitachi Absorbs ABB Power Grids in New $10B Joint VentureSonal C. PatelJul 1, 2020
• energyupdate.com.pkEnergy Update - News, Updates related to Power, Nuclear, Solar, Renewable Energy in PakistanJul 3, 2020
• pv-magazine-latam.com

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