Published 2 years ago

Chinese authorities approve Bain Capital's acquisition of Hitachi Metals

Summary by Ground News

Hitachi Metals announced last year that a consortium led by global private equity firm Bain Capital would buy all the shares of the Hitachi subsidiary for $5.7 billion. China's antitrust regulator has approved Bain Capital's deal to buy Hitachi MetALS, its website said Friday.

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Reuters

Chinese authorities approve Bain Capital's acquisition of Hitachi Metals

[TOKYO 16th Reuters] - The General Administration of Market Supervision and Administration, which has jurisdiction over China's antitrust laws, announced that it has approved the acquisition of Hitachi Metals by the US investment fund Bain Capital. Hitachi Metals, a subsidiary of Hitachi Ltd., announced last year that a coalition led by Bain Capital would acquire all of the company's shares for 817 billion yen. However, in some countries, examin…

2 years ago·United Kingdom

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Channel News Asia

Bain Capital clears China's antitrust review for Hitachi Metals acquisition

TOKYO : Chinese antitrust regulators have approved Bain Capital's deal to buy Hitachi Metals Ltd, clearing a major hurdle for the multi-billion dollar deal, according to the regulators' website.Hitachi Metals announced last year that a consortium led by global private equity firm Bain would buy all the sh

2 years ago·Singapore

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The Japan Times

Bain Capital gains Chinese watchdog's nod on Hitachi Metals deal

Hitachi Metals announced last year that a consortium led by global private equity firm Bain Capital would buy all the shares of the Hitachi subsidiary for ¥817 billion ($5.7 billion).

2 years ago·Japan

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