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Transformers hitachi and abb Calibration for sale

Hitachi to Buy ABB's Power Grids Business for $6.4 Billion ... sale will leave the Swiss engineering giant more concentrated on robotics and automation. The companies said last week they were in discussions on changes within their existing partnership. Following the unveiling of the deal, Hitachi shares fell 1% in Tokyo, valuing the company at about $27 billion, while ABB rose 1.1 % in Zurich.

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