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Announced

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

Synopsis

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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