Last December, General Electric Co. (GE) announced that it planned to sell its industrial solutions business. Monday morning Switzerland-based ABB announced that it has agreed to acquire GE's ...
ZURICH (Reuters) - Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion in a bet it can improve the division's lacklustre margins over the next five years, ...
(Reuters) - General Electric Co has resumed negotiations to sell its industrial solutions business to Swiss engineering company ABB Ltd , after the U.S. industrial conglomerate moderated its price ...
ABB today announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. GE Industrial Solutions has deep customer relationships in more than 100 countries and ...
Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced ...
Aug 23 (Reuters) - General Electric Co has resumed negotiations to sell its industrial solutions business to Swiss engineering company ABB Ltd, after the U.S. industrial conglomerate moderated its ...
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