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Insulating gas hitachi abb power grids filter unit price

ABB relents to activist shareholder and unloads Power ... (Reuters) – ABB (S:ABBN) will sell a majority stake in its Power Grids division to Japan's Hitachi (T:6501) and return the proceeds to shareholders, bowing to pressure from an activist investor to sell the business that makes transformers and converters. The acquisition, which values the unit at $11 billion, will see Hitachi become one […]

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