Talks between Hitachi (HIT) and Mitsubishi Heavy (MHVYF.PK) about a tie-up are reportedly in...

|About: Hitachi Ltd. ADR (HTHIY)|By:, SA News Editor

Talks between Hitachi (HIT) and Mitsubishi Heavy (MHVYF.PK) about a tie-up are reportedly in danger of collapsing, as Hitachi wants a full merger while Mitsubishi prefers to combine selected businesses. A total merger would create an infrastructure company with revs of $150B a year. (previous)