Japan’s Hitachi plans to sell majority stake in chemical unit

A logo of Hitachi Ltd. is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai

Japan’s Hitachi Ltd plans to sell its majority stake in Hitachi Chemical, two sources with direct knowledge of the matter told Reuters, in what would mark the latest deal by the sprawling conglomerate to streamline its businesses.

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