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Insulation Gas hitachi abb power grids End of Life Services Siemens

ABB Divests Power Grids to Hitachi | ARC Advisory Group months of speculation and weeks of rumors, yesterday ABB announced it was divesting its Power Grids Division to Hitachi. The months of speculation derived from the European activist investor Cevian Capital, which won a seat on the ABB Board in 2017, apparently with an agenda of breaking up the group. ABB shareholders will receive roughly $7.7 billion from the transaction through buybacks ...

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