Hitachi Buys U.K. Nuclear Power Venture for $1.1 Billion
The Japanese manufacturer Hitachi Ltd. Has agreed to buy Horizon Nuclear Power from Germany’s two largest utilities for £696 million ($1.1 billion), ensuring support for the U.K. government’s energy program. The transaction will be completed next month and secure financial backing for as many as six new nuclear reactors at two sites in Britain, according to a statement from Hitachi and the utilities, RWE AG ...
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