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Hitachi Metals Ltd (5486.T)

5486.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hitachi Metals to acquire stake in SANTOKU
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Hitachi Metals Ltd <5486.T>:Says it plans to acquire stake in rare earth comprehensive manufacturer SANTOKU CORPORATION and make SANTOKU as a unit.Says expected acquisition date on April 2, 2018 (getting approval from Japan Fair Trade Commission is the premise of this transaction).  Full Article

Hitachi Metals to merge with unit Hitachi Metals MMC Superalloy
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Hitachi Metals Ltd <5486.T>:Says it will merge with wholly owned unit Hitachi Metals MMC Superalloy, Ltd., effective April 1, 2018 .Says the unit will be dissolved after merger .  Full Article

Hitachi Metals plans transfer of information system business
Friday, 30 Sep 2016 

Hitachi Metals Ltd <5486.T> :Says it decides to transfer information network business, wireless antenna business and all the shares issued by Hitachi Cable Networks, Ltd.(HCNET) held by Hitachi Metals, to AAA Holdings, Ltd., effective Dec. 1.  Full Article

Sumitomo Metal Mining says cancellation of business integration with Hitachi Metals
Friday, 30 Sep 2016 

Sumitomo Metal Mining Co Ltd <5713.T>:Says it reached agreement with Hitachi Metals Ltd <5486.T>, to cancel business integration regarding lead frame business and wrought copper business.  Full Article

Hitachi Metals completes establishment of neodymium magnets JV in China
Friday, 2 Sep 2016 

Hitachi Metals Ltd <5486.T> : Says it completes establishment of neodymium magnets JV in Nantong city, China on Sept. 1 .Latest plan was disclosed on June 9.  Full Article

Hitachi Metals to stop production of China metal roll unit
Wednesday, 31 Aug 2016 

Hitachi Metals Ltd <5486.T>: Says its China-based unit, which is engaged in production of metal rolls, will stop production since Sep. 1 .Says the co plans to dissolve the unit.  Full Article


Goldman Sachs, Prysmian, others lose challenge against EU cartel fine

LUXEMBOURG Investment bank Goldman Sachs , the world's biggest cablemaker Prysmian , Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros ($353 million) EU cartel fine.