(Bloomberg Opinion) -- Whenever a Japanese company acquires an overseas asset, the rationale is typically that it’s finding a way to survive the country's aging demographics and shrinking returns. But ...

ABB has reached an agreement to divest to Hitachi, Ltd. (Hitachi) its remaining 19.9 percent equity stake in the Hitachi Energy joint venture that was formed from ABB’s Power Grids business in 2020, ...

Hitachi ABB Power Grids Ltd. has received a US$20 million order from TEİAŞ, a transmission system operator (TSO) for electricity in Turkey, to supply power transformers for a grid expansion project ...

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A collaboration between Hitachi Construction Machinery and ABB Traction to build a massive, fully electric dump truck for extreme duty operations has reached a key stage with the completion of their ...

Switzerland-based tech conglomerate ABB sold its power grids division to Japan tech conglomerate Hitachi on Monday afternoon in a deal valued at $11 billion. The impact of the deal on the Jefferson ...

ABB Ltd ABB yesterday announced that it completed the divestment of its 80.1% stake in the Power Grids business. The other party to the transaction was Tokyo, Japan-based Hitachi, Ltd. HTHIY. The ...

Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several ...

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a ...

(Reuters) - ABB is in talks with Japan's Hitachi about the Swiss engineering group's power grid business, which it may sell to focus on more profitable divisions. ABB has been in talks with Hitachi, ...

Switzerland-based tech conglomerate ABB sold its power grids division to Japan tech conglomerate Hitachi on Monday afternoon in a deal valued at $11 billion. The impact of the deal on the Jefferson ...