TOKYO -- Hitachi has given preferential negotiating rights regarding a sale of its metals unit to a consortium of investment funds led by Bain Capital, a possible deal estimated to top 800 billion yen ($7.27 billion), Nikkei learned on Wednesday.
Business deals
Hitachi in talks with Bain-led group to sell listed metals unit
Industrial group hopes to reap $7bn relinquishing stake in Hitachi Metals
Hitachi is narrowing down its operations to better compete with overseas rivals such as Siemens. © Reuters
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