Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, August 4, 2011

Hitachi and Mitsubishi 'to open merger talks'

Hitachi and Mitsubishi 'to open merger talks'
Tokyo (AFP) Aug 4, 2011 - Japanese manufacturing giants Hitachi and Mitsubishi Heavy are to start merger talks, reports said Thursday, as they look for growth beyond a shrinking domestic market and battle a strong yen. The two companies have combined annual sales of more than 12 trillion yen ($155 billion) and the move would create a Japanese industrial behemoth and one of the world's biggest infrastructure firms. ... more

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