News: Hitachi Metals Ltd (5486.T)

5486.T on Tokyo Stock Exchange

26 Dec 2014
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¥24 (+1.17%)
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Fri, Oct 31 2014

Hitachi Metals to plead guilty, pay $1.25 mln fine for price fixing

WASHINGTON, Oct 31 - Hitachi Metals Ltd will pay a $1.25 million fine and plead guilty for fixing prices and rigging bids of brake hose installed in cars in the United States, the U.S. Justice Department said on Friday.

Hitachi Metals to acquire Waupaca Foundry in U.S. for $1.3 bln

NEW YORK, Aug 19 - Hitachi Metals Ltd, a producer of specialty steel and automotive parts, said on Tuesday it would acquire Waupaca Foundry Inc, the world's largest iron castings provider, from buyout firm KPS Capital Partners LP for $1.3 billion in cash.

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