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Stock Market & Financial Investment News

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November 27, 2013
06:03 EDTHTHIYHitachi acquires Prizm Payment Services, terms not disclosed
Hitachi announced that it has entered into share transfer agreements relating to all the issued equity shares of Prizm Payment Services Pvt Ltd. with all the company's shareholders, including Winvest Holdings (India) Private Limited, Sequoia Capital, Axis Bank and other minority shareholders. Hitachi and Prizm Payment Services will target the end of February 2014 for a completion of the share transfer, in accordance with the terms of the agreements and subject to the regulatory approvals required to consummate the transaction.
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April 16, 2014
07:25 EDTHTHIYHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britainís East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link
April 14, 2014
15:19 EDTHTHIYHitachi upgraded to Outperform from Neutral at Credit Suisse
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