Mergers & Acquisitions Mergers & Acquisitions

Hitachi files ABB power-grids deal for EU review

By Andrew Boyce
  • 21 Apr 2020 03:59
  • 21 Apr 2020 04:08
Hitachi has sought EU approval for its plan to buy ABB’s power-grids business.

The European Commission has set an initial May 28 deadline to decide on the deal, according to an update on its register of cases today.

Japan’s Hitachi filed the deal to the EU watchdog yesterday, the update said.

Hitachi agreed in December

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