Announced
Financials
Sources
Tags
Pending
Private
Single Bidder
Japan
Majority
Auto Services
Merger
vehicle components
Acquisition
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Synopsis
Honda Motor Company, a Japanese public multinational conglomerate, agreed to acquire and merge with the vehicle components unit of Hitachi, a Japanese multinational conglomerate company. Financial terms were not disclosed. “The merged company will be a mega supplier and will deliver competitive advanced technologies and solutions. We will leverage our strengths and our scale to expand globally,” Keiji Kojima, Hitachi Executive Vice President.
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