Money move: Hitachi plans to sell its 53% stake in Hitachi Metals Ltd, which makes components for cars and industrial equipment. — Reuters
TOKYO: Hitachi Ltd plans to launch a sale of its materials unit as early as next month in a deal that could be worth more than 700 billion yen (US$6.6bil), sources said.
Hitachi is planning to sell its 53% stake in Hitachi Metals Ltd, which makes components for cars and industrial equipment, said the sources.
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