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Outline of The Acquisition of ABB's Power Grids ... - Hitachi· PDF file•Hitachi and ABB will set up a JV after ABB spins off its power grids business •Ownership ratio: Hitachi 80.1%, ABB 19.9% (Hitachi is planning to make the JV a wholly-owned subsidiary 3 years after closing) Valuation of Acquired Business •11.0B$ (The amount of investment to the JV is estimated to be

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