Entering text into the input field will update the search result below

ABB power grids sale coming soon

Nov. 16, 2018 5:50 AM ETABB Ltd (ABBNY) StockABBNYBy: Yoel Minkoff, SA News Editor4 Comments
  • The power division at General Electric is not the only one under pressure.
  • ABB talking to three Asian suitors to offload its embattled power grids business, which may be valued at more than $11B, including debt.
  • A deal, which could be structured as a joint venture, represents a u-turn for CEO Ulrich Spiesshofer, who decided to keep the business two years ago despite calls from some shareholders to sell.
  • ABB +0.5% premarket

Recommended For You

About ABBNY Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
ABBNY--
ABB Ltd