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Announced

Hitachi to acquire the remaining shares in Hitachi High-Technologies for $4.8bn.

Financials

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Transaction Value£3,714m
Consideration TypeCash
Capital Owned52%
Capital Bid For48%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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machinery and electrical systems

Acquisition

Friendly

electronic device systems

Pending

Privatisation

Electronic Components and Equipment

Japan

electrical engineering

Majority

Public

Single Bidder

Tender Offer

Synopsis

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Hitachi, an industrial conglomerate is set to acquire the remaining stake in Hitachi High-Technologies, a trading company specializing in electronics, and industrial machinery and materials for $4.8bn. Hitachi is realigning its group portfolio as the government has pointed to corporate governance issues regarding dual listings of parents and subsidiaries.

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