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Hitachi Ltd announced to go for Initial Public Offering (IPO). Hitachi India IPO for Hard Drive Unit Planned by Hitachi Ltd. hitachi india limited and Hitachi Power Europe Announce Agreement with BGR Energy Systems to Establish Joint Ventures for Design, Manufacture, Installation and Commissioning of Steam Turbines/ Generators and Boilers for Super Critical Thermal Power Generation.
Hitachi Ltd.(TYO: 6501, NYSE: HIT) is a Japanese multinational corporation specializing in high-technology and services headquartered in Marunouchi Itchome, Chiyoda, Tokyo, Japan. The company is the parent of the Hitachi Group (Hitachi Gurūpu) as part of the larger DKB Group companies. Hitachi is the third largest technological company by revenue as of 2009. On the 2007 Forbes Global 2000 list, Hitachi was ranked number 371.
Hitachi Ltd is the world’s largest hard-drive maker with the value of nearly $3 billion for its hard-drive unit in the United States. However, the company did not disclose any further details about its IPO plan. But, bankers are in talks with the company regarding the IPO. Reports said Goldman Sachs Group Inc could be one of the underwriters and it is being expected that the company would announce about the underwriters officially on September. Besides, the Hitachi India Ltd is also considering selling a part of its unit.
For Further Detail You Should Visit At www.hitachi.com Global Site Of Hitachi.
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