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Home>ABB to Buy GE Industrial Solutions for $2.6 Billion

ABB to Buy GE Industrial Solutions for $2.6 Billion

3party Content

Mon, 25 Sep 2017

By Nathan Allen Swiss industrial conglomerate ABB Ltd. (ABB.SK) said Monday it will buy General Electric Co.'s (GE) Industrial Solutions unit for $2.6 billion. The acquisition will expand ABB's access to the North American market and has the potential to save around $200 million a year in cost

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