Hitachi to Buy ABB’s Power Grids Business: Hitachi Ltd.’s takeover of ABB Ltd.’s power grid division for about $6.4 billion would be the Japanese conglomerate’s biggest-ever deal as it shifts focus from nuclear plants to the higher-growth market for electricity networks. — Bloombergquint

L&L Partners advised Hitachi Ltd led by a team of partner William Vivian John and managing associates Deepak Kumar and Sumithra Suresh, senior associate Rishabh Shah and associates Shreya Kundu and Tanaya Sanyal.

Primary jurisdiction of deal: Switzerland, Japan.

2018-12-17

Deal value: USD 6.4 billion

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