Hitachi says it has solved the brightness problem - thus the challenge.

Hitachi Transport System forms business and capital alliance with SG Holdings Co.,Ltd.

Hitachi's Horizon is another consortium which has proposed two new nuclear projects.

CVC declined to comment, while Hitachi was not immediately available for comment.

Hitachi expects the sale to generate 389 billion yen in special profits.

Hitachi Ltd has said it is interested in joining Mitsubishi Heavy's bid.

It said it would hire Hitachi's former employees to man the lines.

A subsidiary of British-based Hitachi Capital, its rundown began in July 2009.

Hitachi has been among the most aggressive of Japan's conglomerates in reorganizing.

GE-Hitachi Nuclear Energy said it would review the governmental agreement in due course.

Hitachi's reactors also need to be approved by the Health and Safety Executive.

New British-assembled Hitachi trains are already on order, paid for by the government.

It could also pressure Hitachi to present a binding offer, the sources said.

Hitachi has said it will make a final decision next year.

Seen in this context, Hitachi's formal exit is no great loss.

Hitachi has shed several non-core operations in recent years to bolster its profitability.