Japan's Hitachi in talks with Bain to sell metals unit for over $7.3b

Japan's Hitachi in talks with Bain to sell metals unit for over $7.3b

REUTERS/Yuya Shino

Japanese industrial conglomerate Hitachi Ltd picked a group led by Bain Capital as the preferential bidder for its metals unit in a deal likely to top 800 billion yen ($7.3  billion), Nikkei reported on Thursday.