Hitachi

Nuclear

Hitachi to halt work on UK nuclear project

11/01/2019

Japanese conglomerate Hitachi Ltd. will halt work on a nuclear power project in the U.K. and take a one-time charge as negotiations with the British government over funding stalled, the Nikkei reported. Shares in Tokyo rallied the most in more than two years.

Other News

Hitachi to snap up ABB’s £8.7bn power grids unit

17/12/2018

Hitachi Ltd. is making its biggest ever acquisition by agreeing to purchase the power grid division of ABB Ltd., a deal that’s aimed at turning the Japanese conglomerate into a top global provider of equipment for electricity networks.

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