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HTHIY Hitachi Ltd (PK)

216.77
2.97 (1.39%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Hitachi Ltd (PK) USOTC:HTHIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.97 1.39% 216.77 215.00 217.15 217.31 215.38 216.19 55,690 21:30:10

Hitachi to Sell Part of Stake in Unit to KKR, Nikkei Reports

21/04/2022 12:04pm

Dow Jones News


Hitachi (PK) (USOTC:HTHIY)
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From Jun 2021 to Jun 2024

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--Hitachi Ltd. plans to sell part of its 40% stake in Hitachi Transport System to U.S. private-equity firm KKR & Co. for about 200 billion yen ($1.56 billion), Nikkei reports, without citing sources.

--KKR acquired preferential negotiation rights for the unit, and Hitachi won't engage in the logistics business but will continue to collaborate in logistics systems and other areas, according to Nikkei.

 

Full story: https://s.nikkei.com/3rGqgmV

 

Write to Ronnie Harui at ronnie.harui@wsj.com

 

(END) Dow Jones Newswires

April 21, 2022 06:49 ET (10:49 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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