{"id":10592,"date":"2013-07-31T18:37:24","date_gmt":"2013-07-31T18:37:24","guid":{"rendered":"https:\/\/www.hitachi.asia\/?p=10592"},"modified":"2022-03-26T16:13:06","modified_gmt":"2022-03-26T08:13:06","slug":"mitsubishi-heavy-industries-and-hitachi-conclude-absorption-type-company-split-agreement-on-business-integration-in-the-thermal-power-generation-systems-field","status":"publish","type":"post","link":"https:\/\/hitachi83.hostwebsite.asia\/th\/mitsubishi-heavy-industries-and-hitachi-conclude-absorption-type-company-split-agreement-on-business-integration-in-the-thermal-power-generation-systems-field\/","title":{"rendered":"Mitsubishi Heavy Industries and Hitachi Conclude Absorption-Type Company Split Agreement on Business Integration in the Thermal Power Generation Systems Field"},"content":{"rendered":"

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.<\/p>\n

Mitsubishi Heavy Industries and Hitachi Conclude Absorption-Type Company Split Agreement on Business Integration in the Thermal Power Generation Systems Field (PDF Type, 164 kByte)\"\"<\/a><\/p>\n

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July 31, 2013<\/p>\n

Mitsubishi Heavy Industries and Hitachi Conclude Absorption-Type Company Split Agreement on Business Integration in the Thermal Power Generation Systems Field<\/strong><\/h6>\n

Tokyo, July 31, 2013<\/strong>\u00a0— Mitsubishi Heavy Industries, Ltd. (TSE: 7011, “MHI”) and Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that the two companies respectively signed absorption-type company split agreements (the “Absorptiontype Company Split Agreements”) with the new company established by MHI (the “Integrated Company”) in order to transfer the business centered on the thermal power generation systems of both companies (the “Integrated Business”) by way of company split (the “Absorption-type Company Split”) in relation to integrating the Integrated Business (the “Business Integration”) in accordance with a basic integration agreement and a joint venture agreement on June 11, 2013 in relation to the Business Integration (the “Definitive Agreements”) as announced in a press release titled “Mitsubishi Heavy Industries and Hitachi Conclude Definitive Agreement on Business Integration in the Thermal Power Generation Systems Field” on June 11, 2013 (the “June 11, 2013 Announcement”).<\/p>\n

Following the conclusion of these Absorption-type Company Split Agreements, MHI and Hitachi announced matters that were undecided in the June 11, 2013 Announcement as follows. Changes from the June 11, 2013 Announcement are underlined.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>