Nuclear Energy :: GE, Hitachi Sign Letter of Intent to Create a Global Alliance for Nuclear Energy Business
GE (NYSE: GE) and Hitachi, Ltd. (NYSE: HIT) (TSE: 6501) have signed a letter of intent to negotiate the formation of a global alliance that will combine their new nuclear power plant and services businesses with the goal of strengthening their existing operations, accelerating the development of new products and services, and positioning their alliance for growth in the nuclear energy industry.