Mergers & Acquisitions Mergers & Acquisitions

Hitachi gets EU approval to buy ABB's power-grids business

By Andrew Boyce
  • 29 May 2020 04:14
  • 29 May 2020 04:19
Hitachi has won unconditional EU approval for its plan to buy ABB’s power-grids business, according to an update on the European Commission’s register of cases today.

Japan’s Hitachi filed the deal to the commission on April 20 and the commission cleared the deal yesterday, the update said.

Last week, Hitachi skipped an opportunity to

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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