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Japanese Industrial Giants Consider Merger

Posted August 4th, 2011 at 2:45 am (UTC-5)
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Hitachi Limited and Mitsubishi Heavy Industries, two of Japan’s biggest manufacturers, are considering merging several of their infrastructure operations. With combined annual sales of more than $150 billion, the potential merger would create one of the world’s biggest infrastructure firms. Shares of both Hitachi and Mitsubishi rose Thursday, hours after Hitachi President Hiroaki Nakanishi announced […]

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