You are Trying to View a Premium Article

Daily News You Can't Find Anywhere Else

Hitachi Buying ABB's Power Grids Business in $6.4 Billion Deal


Industry Segment: Power | Word Count: 704 Words

GALWAY, IRELAND--December 28, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Leading Swiss engineering company ABB Group (NYSE:ABB) (Zurich, Switzerland) has agreed to sell a majority stake in its power grids division to Hitachi Limited (Tokyo, Japan) for $6.4 billion.

Within this article: Details buyout, affected ABB business units, global reach

This Premium Article can be purchased individually or as part of a subscription

Subscribe Now! All Fields Required...

Subscription Type: Pricing Help?

  • Pay-Per-Article - $3.95
  • Annual Subscription - $235.00
  • Annual Subscription with Archive - $395.00