Hitachi weighs 40% stake sale in Johnson Aircon JV

Hitachi weighs 40% stake sale in Johnson Aircon JV

The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. Picture taken September 10, 2020. REUTERS/Arnd Wiegmann

Japan’s Hitachi is considering selling its 40% stake in an air-conditioning joint venture with Johnson Controls International Plc, Bloomberg News reported on Tuesday, citing people familiar with the matter.