Hitachi decides to exit UK nuclear power project: Mainichi newspaper

FILE PHOTO: A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai

TOKYO (Reuters) – Japanese conglomerate Hitachi Ltd will completely exit from a stalled British nuclear power project, the Mainichi newspaper reported on Tuesday.

The board of directors could make a formal decision as early as at their planned meeting on Wednesday, the paper said, citing sources.

A Hitachi spokeswoman said the reported decision was not something the company announced.

Reporting by Makiko Yamazaki; Editing by Chang-Ran Kim

source: reuters.com