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Engineering & Construction

Hitachi to divest some of its Hitachi Construction shares

Japan government-backed JIC fund and other parties consider buying the stake

Hitachi is also considering selling a stake in Hitachi Metals, a plan that would complete structural reforms that the corporation began a decade ago.   © Reuters

TOKYO -- Hitachi will sell a part of its stake in subsidiary Hitachi Construction Machinery, Nikkei learned on Friday, as the Japanese manufacturing icon nears the end of a decadelong restructuring effort.

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