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ABB explores options to sell Power Grids business – sources

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ABB explores options to sell Power Grids business – sources
19 October 2018, News Wires — ABB is exploring a sale of its Power Grids business, people familiar with the matter told Reuters, representing a U-turn by Chief Executive Ulrich Spiesshofer who defied activist shareholders to keep the unit two years ago. ABB is examining various options for Power Grids, its second-largest but lowest-margin business, three … More »
ABB explores options to sell Power Grids business – sources ABB explores options to sell Power Grids business – sources Reviewed by Crude Oil Facilitators on 12:09 Rating: 5

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