The Business Times

Hitachi

Energy & Commodities

Hitachi to invest US$1 billion to produce power grid components in US

Nearly half of Hitachi Energy’s latest investment, or US$457 million, will go towards building a new facility in South Boston, Virginia

Singtel’s Digital InfraCo chief executive Bill Chang (left) with Toshiaki Tokunaga, Hitachi's executive vice-president and executive officer, at the MOU signing ceremony.
Companies & Markets

Singtel, Hitachi to collaborate on data centres in Japan

They expect to ‘define more power-efficient methodologies that could advance any enterprise’s sustainability goals’

Hitachi’s decision to offer remedies at the same time as it formally filed for approval suggests that the company may have indications that the package may be sufficient to help it win EU clearance.
Global Enterprise

Hitachi offers to sell assets to win EU approval for Thales rail deal

HITACHI has offered to sell assets in France and Germany as well as its core train control technology to gain EU antitrust approval for its 1.7 billion euro (S$2.5 billion) buy of Thales’ GTS railway ...

Through the divestment, ABB has realised a net positive cash inflow of approximately US$1.425 billion in the fourth quarter 2022.
Companies & Markets

ABB gets US$1.4b after completing power grids sale to Hitachi

ABB has completed the sale of its remaining 19.9 per cent stake in the power grids business it sold to Hitachi, the Swiss engineering and technology group said on Wednesday (Dec 28).

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