Mitsubishi Heavy Industries Plans to Form Joint Venture with Hitachi

From: Fast Market Research, Inc.
Published: Mon Oct 14 2013


On November 29, 2012, Mitsubishi Heavy Industries, Limited (MHI), an engineering, electrical equipment and electronics company, and Hitachi, Limited, (Hitachi), a manufacturer of electronic and electrical products, entered into a joint venture by merging their thermal power business activities, including the manufacture of gas turbines, environmental equipment, and fuel cells in Japan. Mitsubishi will hold 65% interest in the newly formed entity, while Hitachi will hold 35%. The joint venture aims to become a global leader by leveraging the complementary sales and service capabilities and technical skills of both companies.

Scope

* The information related to Mitsubishi Heavy Industries Plans to Form Joint Venture with Hitachi
* Key drivers of the deal
* Rationale of the deal
* A brief on Mitsubishi Heavy Industries and Hitachi

Reasons to Get this Report

The Deal Report allows the reader to -

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* Understand the reasons for the merger of thermal power business
* Understand the response from the markets
* Understand the impact of the deal on Mitsubishi Heavy Industries and Hitachi

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