Hitachi Ltd (6501.T)
16 Nov 2018
* ABB shares rise as much as 4 percent (Adds share price reaction, timing of deal, analyst)
TOKYO, Nov 2 Japan's Hitachi Chemical Co has found improper tests were conducted on nearly 30 more products, accounting for about a tenth of revenues, the firm said on Friday, deepening a compliance crisis that has battered its shares.
TOKYO, Nov 2 Japan's Hitachi Chemical Co said on Friday it has found improper tests were conducted on nearly 30 more products, accounting for about a tenth of its revenues, deepening a compliance crisis that has battered its share price.
MILAN Hitachi has wrapped up a bitter feud with U.S. activist investor Elliott over Ansaldo STS , agreeing to buy the fund's stake in the Italian rail signaling group as part of a move to take full control.
TOKYO Hitachi Chemical Co said it failed to properly test parts used to encapsulate semiconductors, the firm's second compliance failing this year and the latest in a run of such scandals at Japanese manufacturers.
* Follows data falsification in tests for lead-acid batteries (Recasts with statements from company and Toshiba Memory)
MILAN, Oct 29 Hitachi has reached an agreement to buy the stake held by U.S. fund Elliott in Ansaldo STS and will launch a tender offer for all the shares of the Italian rail-signalling company, the Japanese group said on Monday.
* Japan stocks sag on lingering weakness in U.S., Chinese shares
TOKYO, Oct 29 Shares in Hitachi Chemical Co slumped more than 14 percent on Monday following media reports that it had falsified inspections for a material used in semiconductors.
PARIS France's Faurecia has agreed a 141 billion yen ($1.3 billion) deal to buy Japanese car navigation system maker Clarion from Hitachi to strengthen its presence in new auto technologies.