Hitachi completes acquisition of 80% stake in ABB Power Grids

Hitachi completed the acquisition of an 80% stake in ABB's Power Grids business, forming Hitachi ABB Power Grids. The joint venture, valued at about $10 billion, started operations on July 1, 2020, with ABB retaining a minority stake.

“Tämä on saman kokoluokan muutos, mitä aikanaan oli Strömbergin myynti ensin Asealle ja sitten ABB:n syntyminen.”yle.fi

• 2 sources
• yle.fiHistoriallinen yrityskauppa sai sinetin – ABB Power Grids on nyt Hitachin omistama | YleElina NiemistöJul 1, 2020
• banker.bgHitachi става собственик на завода на ABB в СевлиевоJul 2, 2020

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