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hgis hitachi abb power grids maintenance systems Manufacturers

Hitachi to acquire ABB's power grids business for $6.4B· The move will advance Hitachi Chief Executive Officer Toshiaki Higashihara's efforts to overhaul the diversified company and become a top provider of grid equipment as prospects for nuclear power are increasingly uncertain. The ABB division makes transformers, long distance electricity-transmission systems and energy storage units.

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