Nojima to Acquire Hitachi Consumer Unit for $630 Million
Nojima plans to acquire Hitachi Global Life Solutions for over 100 billion yen. The consumer appliances deal is valued at more than 630 million dollars.
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The prominent electronics retailer NOJIMA CORP is preparing to acquire the consumer appliances division of HITACHI LTD in a deal estimated to be worth more than 100 billion yen ($630.32 million). The acquisition of Hitachi Global Life Solutions represents a significant shift in the retail landscape of Japan, as reported by the Nikkei newspaper on Tuesday.
