May 28, 2020 19:18 JST

Source: Hitachi, Ltd.

Hitachi Announces Change in the Effective Date for Company Split and Closing Date of Share Transfer
Regarding Company Split related to Diagnostic Imaging-related Business and Transfer of Shares in the New Company

TOKYO, May 28, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) announced in the press release issued on December 18, 2019 that it has decided to execute an absorption-type split involving the diagnostic imaging-related business, currently undertaken by Hitachi and its consolidated subsidiaries and affiliate companies, through which the Business will be transferred to a newly established company serving as a successor company, and transfer all shares in the New Company to FUJIFILM Corporation (TSE: 4901) after the Company Split.

Hitachi and Fujifilm have scheduled the effective date for the company split above and the closing date of the Share Transfer on July 1, 2020. However, because of the reasons such as delays in some of the preparations for the execution of the Transaction due to the spread of novel coronavirus (COVID-19) around the world, Hitachi and Fujifilm agreed to change the Execution Date. The new Execution Date has not yet been determined and will be promptly given as soon as determined.

For the full details, visit: http://www.hitachi.com/New/cnews/month/2020/05/f_200528.pdf.

Source: Hitachi, Ltd.
Sectors: Electronics, Local Biz

Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Hitachi Completes Acquisition of GlobalLogic
July 14 2021 09:27 JST
 
Polish-Japanese Smart Grid Demonstration Project in Poland has been completed
July 08 2021 17:41 JST
 
Hitachi ABB Power Grids is evolving to become Hitachi Energy and broadens commitment to a sustainable energy future
July 02 2021 10:04 JST
 
Hitachi ABB Power Grids joins 450 MHz Alliance to develop critical communications solutions
June 25 2021 13:32 JST
 
Hitachi ABB Power Grids teams up with BW Ideol to take offshore wind power into deeper waters
June 24 2021 09:00 JST
 
Hitachi to Donate to COVID-19 Relief Efforts in India and Other Countries
June 18 2021 15:19 JST
 
Hitachi High-Tech Launches the Easy-to-Use AFM100 and AFM100 Plus Atomic Force Microscopes
June 17 2021 16:33 JST
 
Hitachi ABB Power Grids launches new transformers for floating offshore wind power
June 07 2021 08:02 JST
 
Hitachi ABB Power Grids announces Sustainability 2030
June 03 2021 19:13 JST
 
Hitachi Astemo EV motor and inverter adopted in Mazda's first mass-produced electric vehicle "MAZDA MX-30 EV MODEL"
June 01 2021 13:03 JST
 
More Press release >>

Latest Press Release


More Latest Release >>