08 Dec
SBE’s shareholder NIPPON STEEL ENGINEERING CO., LTD. (NSE) has decided to enter into an agreement with HITACHI ZOSEN CORPORATION (HITZ) and its wholly owned subsidiary HITACHI ZOSEN INOVA AG (HZI) to transfer all its shares in SBE to HZI, while focussing its own management resources on the development of the energy from waste facility business in the Asian region. For more details, please refer to NSE’s press release HERE.
The agreement will be executed on 9th Dec 2021 and will be subject to the completion of necessary procedures.
