ABB Ltd (ABBN.S)
Thu, Jul 19 2018
ZURICH ABB ABBN.S will consider reshaping its business further including selling some parts, Chief Executive Ulrich Spiesshofer said on Thursday, after the Swiss engineering company beat quarterly earnings forecasts.
* Shares up 4.4 percent (Rewrites, adds CEO comments, analysts, shares)
ZURICH, July 6 ABB will acquire Turkey's AB Rotech, a privately-owned company specialising in robotic welding solutions and services for the automotive industry, the Swiss engineering company said on Friday.
BRUSSELS The European Commission said on Friday it had cleared ABB's acquisition of General Electric's Industrial Solutions business, saying it would not raise competition concerns.
BRUSSELS, June 1 The European Commission said on Friday it had cleared ABB's acquisition of General Electric's Industrial Solutions business, saying it would not raise competition concerns.
BRUSSELS, April 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
ZURICH ABB reported its best start to a year since 2015 on Thursday, easing the pressure on Chief Executive Ulrich Spiesshofer by showing his turnaround plan is making progress.
* CEO says management and board want to keep power grids business
ZURICH, April 19 ABB reported its best start to the year since 2015 on Thursday, a sign the Swiss engineering company's turnaround plan had started to gain traction.
ZURICH ABB said on Tuesday it received an order from Volkswagen unit Electrify America to provide high power electric vehicle chargers across the United States, the biggest U.S. project to date in that field.