News: Hitachi Ltd (6501.T)

6501.T on Tokyo Stock Exchange

806JPY
4 Mar 2015
Change (% chg)

-- (--)
Prev Close
¥806
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
25,717,759
52-wk High
¥940
52-wk Low
¥660

Search Stocks
Select another date:

Tue, Feb 24 2015

Finmeccanica agrees sale of rail businesses to Hitachi for $2.2 billion

MILAN - Italian aerospace and defense group Finmeccanica has agreed to sell its rail business to Hitachi Ltd in a deal which will cost the Japanese conglomerate up to 1.9 billion euros ($2.2 billion) and cut Finmeccanica's debt by 15 percent.

UPDATE 5-Finmeccanica agrees sale of rail businesses to Hitachi for $2.2 bln

* Deal strengthens Hitachi foothold in Europe (Adds Finmeccanica CEO's comments throughout)

Finmeccanica, Hitachi do not see bidding war for Ansaldo STS

ROME, Feb 24 - Italy's Finmeccanica and Japan's Hitachi Ltd do not expect there to be a bidding war for control of Ansaldo STS, executives from both companies told reporters on Tuesday.

Finmeccanica expects to close deal with Hitachi in H2

MILAN, Feb 24 - Finmeccanica Chief Financial Officer Gian Piero Cutillo said on Tuesday the Italian defence group expected to close the sale of its rail units to Japan's Hitachi "for sure" in the second half of the year.

REFILE-Finmeccanica agrees to sell rail units to Hitachi

MILAN, Feb 24 - Italian defence group Finmeccanica has agreed to sell its rail and signalling units to Japan's Hitachi in a deal it says will help it to cut its net debt this year by 600 million euros ($680 million) and focus on its core business.

RPT-Market Chatter- Corporate finance press digest

Feb 24 - The following corporate finance-related stories were reported by media:

Market Chatter- Corporate finance press digest

Feb 24 - The following corporate finance-related stories were reported by media:

UPDATE 2-Hitachi set to buy Finmeccanica assets in European rail push

* Loss-making train unit also bundled together in the deal (Recasts and adds details on Hitachi)

REFILE-UPDATE 1-Finmeccanica to announce rail assets sale as soon as Tuesday - source

LONDON/MILAN, Feb 23 - Italian industrial conglomerate Finmeccanica is set to announce the sale of its shares in rail and signalling units AnsaldoBreda and Ansaldo STS to Japan's Hitachi as soon as Tuesday, a source close to the matter said on Monday.

BRIEF-TSMC orders equipment for T$3.5 bln from Hitachi, ASML, Applied Materials

Further company coverage: ($1 = 31.4180 Taiwan dollars) (Reporting by Hong Kong and Singapore newsrooms)

Select another date:
Search Stocks