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Business

Hitachi scrambles to divest UK nuclear risks after Toshiba fiasco

Company looks to share burden with others as Westinghouse failure looms large

Hitachi President Toshiaki Higashihara.

TOKYO -- Hitachi will curtail its financial risk in the construction of two nuclear power plants in the U.K. by divesting itself of the local subsidiary that will build and operate them, the Japanese conglomerate announced Thursday.

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