Hitachi to enhance digital operations with $5bn tech unit takeover

Japanese conglomerate enters final stage of decadelong reorganization

20200131N Hitachi microscope

Hitachi High-Technologies makes such devices as electron microscopes. (Photo courtesy of Hitachi High-Technologies)

EIKI HAYASHI and MASAYA SATO, Nikkei staff writers

TOKYO -- Hitachi will convert the unit Hitachi High-Technologies into a wholly owned subsidiary through a tender offer worth almost $5 billion, the company said Friday.

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