Hitachi to Buy Majority Stake in ABB's Power Grid Arm for $6.4 bn

Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB(ASEA Brown Boveri) for USD 6.4 billion, in what would be its biggest ever buyout.

from Top Business News- News18.com https://ift.tt/2UMkQVc