MHVYF.PK: Mitsubishi Heavy Ind Market Currents

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Wednesday, April 3, 9:03 PM Mitsubishi Heavy Industries (MHVYF.PK +1%) bucks the weakness in Japanese markets after winning a $22B Turkish nuclear-power-plant contract along with France's Areva (ARVCY.PK). The team will build four Atmea1-type pressurized water reactors with a combined output of 4.5M kilowatts. Construction is to begin in 2017, with the first reactor coming on line by 2023. Comment! [Global & FX, Energy, On the Move]
Tuesday, December 27, 2011, 2:04 AM Japan will ease some restrictions on weapons exports and allow them for international projects, following up on a proposal made last year. The move stands to benefit suppliers in the civilian aerospace industry such as Mitsubishi Heavy Industries (MHVYF.PK), Toray Industries (TRYIY.PK) and Kawasaki Heavy Industries (KWHIY.PK). 1 Comment [Global & FX]
Friday, August 5, 2011, 8:23 AM 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) Comment! [M&A]
Thursday, August 4, 2011, 7:56 AM Sources say Hitachi (HIT -4.8%) and Mitsubishi Heavy (MHVYF.PK) are discussing merging some of their ops despite officials denying the talks even after Hitachi's president said on TV a deal was in the works. The negotiations almost stalled following the media reports of the discussions. (previous) Comment! [Global & FX, On the Move, M&A]
Wednesday, August 3, 2011, 3:53 PM Nikkei reports Hitachi (HIT +5.3%) and Mitsubishi Heavy Industries (MHVYF.PK) are set to announce the beginning of talks aimed at a merger. The combination would create one of the world's largest infrastructure companies. Comment! [Global & FX, M&A, On the Move]
Thursday, May 20, 2010, 4:38 PM Mitsubishi Heavy Industries (MHVYF.PK) seeks damages from General Electric (GE) possibly in excess of $1B, accusing GE of scheming to monopolize the U.S. market for variable-speed wind turbines, citing among other things "sham" litigation filed by GE to stymie competition. Comment!

MHVYF.PK Mitsubishi Heavy Ind

MHVYF.PK

Mitsubishi Heavy Ind