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Nippon Steel Engineering Co., Ltd. agreed to transfer all shares in Steinmüller Babcock Environment GmbH to Hitachi Zosen Inova AG, a wholly owned subsidiary of Hitachi Zosen Corporation, effective December 9, 2021.
“SBE’s shareholder NIPPON STEEL ENGINEERING CO., LTD. (NSE) has decided to enter into an agreement with HITACHI ZOSEN CORPORATION (HITZ) and its wholly owned subsidiary HITACHI ZOSEN INOVA AG (HZI) to transfer all its shares in SBE to HZI.”hzi-steinmueller.com
Summarized from public sources; check the original articles before acting on it.