Edition:
India

Abb Ltd (ABBN.S)

ABBN.S on Virt-X Level 1

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19 Mar 2019
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Thu, Feb 28 2019

UPDATE 2-ABB shifts toward industrial focus after power grids sale

* Faces stiff competition from Siemens, Mitsubishi, Rockwell (Rewrites, adds CEO, analyst)

ABB rules out large acquisitions for near future

ZURICH ABB will not be making big acquisitions in the near future, Chief Executive Ulrich Spiesshofer said on Thursday, saying money raised from the near-$8 billion gained from the sale of its power grids business will go to shareholders.

ABB rules out large acquisitions for near future

ZURICH ABB will not be making big acquisitions in the near future, Chief Executive Ulrich Spiesshofer said on Thursday, saying money raised from the near-$8 billion gained from the sale of its power grids business will go to shareholders.

ABB Q4 reports better than expected Q4 earnings as robotics shines

ZURICH, Feb 28 ABB reported better-than-expected earnings during its fourth quarter, the Swiss engineering company said on Thursday, in its first results since it sold its $11 billion power grids unit and launched its latest business revamp.

ABB to sell Power Grids to Hitachi, revamp business structure

ZURICH ABB reached a deal with Japan's Hitachi to sell its Power Grids division, with the Swiss engineering group adding it plans to return net cash proceeds of $7.6-7.8 billion from selling the 80.1 percent stake in the unit to shareholders. | Video

ABB relents to activist shareholder and unloads Power Grids unit

TOKYO/ZURICH ABB will sell a majority stake in its Power Grids division to Japan's Hitachi and return the proceeds to shareholders, bowing to pressure from an activist investor to sell the business that makes transformers and converters.

ABB relents to activist shareholder and unloads Power Grids unit

TOKYO/ZURICH ABB will sell a majority stake in its Power Grids division to Japan's Hitachi and return the proceeds to shareholders, bowing to pressure from an activist investor to sell the business that makes transformers and converters.

UPDATE 3-ABB relents to activist shareholder and unloads Power Grids unit

* Shares in ABB flat after rising 2.5 percent at market open (Adds comments from shareholders, Hitachi analyst, details throughout)

ABB to sell Power Grids to Hitachi, revamp business structure

ZURICH ABB reached a deal with Japan's Hitachi to sell its Power Grids division, with the Swiss engineering group adding it plans to return net cash proceeds of $7.6-7.8 billion from selling the 80.1 percent stake in the unit to shareholders.

Swiss stocks - Factors to watch on Dec. 17

ZURICH/BERLIN, Dec 17 Here are some of the main factors that may affect Swiss stocks on Monday:

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