This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEIBR06C_L.jpg
Hitachi has exercised a call option that was agreed when it bought 80.1% of the business – now called Hitachi Energy – in December 2018.
Through the divestment, ABB has realised a net positive cash inflow of approximately $1.425 billion in the fourth quarter 2022, it said.
