Hitachi, Sagawa Express Said to Consider Logistics Merger

Updated on
  • Hitachi Transport parent said to sell 30% to Sagawa parent
  • Sagawa parent said to sell 20% stake to Hitachi Transport

Hitachi Ltd.’s transportation unit and SG Holdings Co. will buy stakes in each other’s distribution businesses in Japan and consider a possible merger, according to two people familiar with the situation.

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