Hitachi Construction Machinery Watchlist
HCM – Hitachi Partial Stake Sale to Itochu
285 Views, 13 Jan 2022 17:54
Mio has highlighted this Insight as a Top Pick
- NHK reports that Hitachi will be selling roughly half of its 51% stake in HCM to Itochu and Japan Industrial Partners.
- HCM has outperformed Komatsu over the last year and it is possible that some investors were expecting a buyout.
- If so, and if there is a negative reaction to this news we would be looking to buy.