Arcelik and Hitachi Global Life Solutions Announce their Intention to Form a Joint Venture in the Global Home Appliances Business (excluding Japan) JCN Newswire 2020-12-17 TOKYO, Dec 17, 2020 - (JCN Newswire) - Today Arcelik A.S. (ARCLK:IST, "Arcelik") and Hitachi Global Life Solutions, Inc. (Hitachi GLS) have signed a share purchase agreement to establish a new joint venture company. As part of the transaction, Hitachi GLS will establish a new company into which it will transfer its global home appliances business outside of Japan. Arcelik will acquire 60% ownership in the new compa...