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Hitachi Ltd (HTHIY.PK)

HTHIY.PK on OTC Markets Group

60.70USD
23 Jun 2017
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$62.81
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$39.80

Latest Key Developments (Source: Significant Developments)

Hitachi Kokusai Electric to offer early-retirement program
Thursday, 26 Jan 2017 01:00am EST 

Hitachi Kokusai Electric Inc <6756.T>: Says it to offer an early-retirement program with a subsidiary to employees, who are above 40 years old . Says offering period from late Feb. to middle March . Says the employees who take up the offer will retire on March 31 .The company will provide retirement payment and outplacement support to the retiring employees.  Full Article

Sichuan Maccura Biotechnology plans cooperation with Hitachi High-Tech Diagnostics (Shanghai) Ltd
Wednesday, 25 Jan 2017 09:21pm EST 

Sichuan Maccura Biotechnology Co Ltd <300463.SZ> :Says the company enters into strategic cooperation agreement with Hitachi High-Tech Diagnostics (Shanghai) Ltd (HTD), on sale and marketing of HTD's products.  Full Article

Hitachi Koki announces ToB offered by KKR at 870 yen per share
Friday, 13 Jan 2017 12:46am EST 

Hitachi Koki Co Ltd <6581.T> : Says KKR HK Investment L.P's Tokyo-based wholly owned unit (the acquirer) offers a takeover bid for 101,429,921 shares (represents 100 percent stake in co, or no less than 67,632,900, no upper limit) of co's stock, at the price of 870 yen per share . Total acquisition amount is 88.24 billion yen (for total 101,429,921 shares) . Say the offering period from Jan. 30 to March 22 . Settlement date starts from March 29 . Hitachi Koki Co Ltd's parent company Hitachi Ltd <6501.T> will sell entire 51.24 percent stake of shares holding in co to the acquirer at 45.1 billion yen and hold no stake after the transaction .Co is likely to be delisted from TSE according to the result of ToB.  Full Article

Hitachi Ltd to sell power tools unit to Kohlberg Kravis Roberts in deal to exceed 150 billion yen - Nikkei
Tuesday, 27 Dec 2016 12:27pm EST 

Nikkei: Negotiations related to Hitachi Koki's sale to Kohlberg Kravis Roberts are in the final stages - Nikkei . Official agreement between Hitachi and Kohlberg Kravis Roberts could be reached next month - Nikkei . After Kohlberg Kravis Roberts' acquisition of Hitachi Koki, Hitachi Koki would be delisted from the Tokyo Stock Exchange's first section - Nikkei . Hitachi Ltd intends to sell power tools unit Hitachi Koki to Kohlberg Kravis Roberts in deal estimated to exceed 150 billion yen - Nikkei .Kohlberg Kravis Roberts plans to purchase all of Hitachi Koki's outstanding shares through a tender offer - Nikkei.  Full Article

Hitachi Construction Machinery to buy two firms worth $240 mln
Wednesday, 21 Dec 2016 01:23am EST 

Hitachi Construction Machinery Co Ltd <6305.T> : Says it plans to fully acquire 100 percent stake in H-E Parts International LLC and H-E Parts Australian Holdings LLC on Dec. 21 . Says transaction amount for the two target firms is $240 million .H-E Parts International LLC is mainly engaged in mining and construction machinery related business.  Full Article

R&I affirms Hitachi Transport System's rating at "A" and announces stable outlook – R&I
Thursday, 8 Dec 2016 01:16am EST 

Hitachi Transport System Ltd <9086.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" – R&I .Rating outlook stable– R&I.  Full Article

Sohgo Security Services to buy 90 pct voting rights in Hitachi Security Service
Tuesday, 6 Dec 2016 01:09am EST 

Sohgo Security Services Co Ltd <2331.T>: Says it to buy 90 percent voting rights (1,800 shares) in Hitachi Security Service Co.,Ltd, from Hitachi Ltd <6501.T> on Feb. 1, 2017 .Says transaction price will not be disclosed.  Full Article

R&I affirms Hitachi Construction Machinery's rating at "A" and says stable outlook – R&I
Monday, 21 Nov 2016 01:11am EST 

Hitachi Construction Machinery Co Ltd <6305.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" – R&I .Rating outlook stable– R&I.  Full Article

SNT to fully buy Seitan Inc. from Hitachi Metals, Ltd. for 412 mln yen
Monday, 14 Nov 2016 01:16am EST 

SNT Corp <6319.T>: Says it plans to fully buy Seitan Inc. from Hitachi Metals, Ltd. <5486.T> for 412 million yen .Says effective date on Jan. 11, 2017.  Full Article

Hitachi Ltd seeks to sell Hitachi Koki,a portion of Hitachi Kokusai Electric - nikkei
Tuesday, 4 Oct 2016 01:02pm EDT 

Nikkei: Hitachi Ltd seeks to sell Hitachi Koki and a portion of Hitachi Kokusai electric for total of more than 100 bln Yen ($972 MLN) - Nikkei .Hitachi Ltd has initiated a bidding process with a goal of unloading the stake by the first half of 2017 - Nikkei.  Full Article

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