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New Deal


Announced

Hitachi Energy to invest in H2 Green Steel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

mining

Iron and Steel

Minority

precious metals

Pending

Sweden

Private

manufacturing

Acquisition

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Synopsis

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Hitachi Energy, a global technology company, agreed to invest in H2 Green Steel, a large-scale steel producer. Financial terms were not disclosed. "The collaboration we have entered into with Hitachi Energy is further reinforced by them taking an equity investment in H2 Green Steel. The companies we choose to work with need to share our values, make a real commitment to live up to the Paris Agreement and to work tightly together to leverage each other’s strengths. In Hitachi Energy we have that, as well as their long history, broad experience and innovative offerings,” Henrik Henriksson, H2 Green Steel CEO.

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