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ABB India gets nod to divest Turbocharger, Dodge Mechanical Power Transmission business

12 Jun 2021 Evaluate

ABB India has received approval from board of directors to divest/sale of Turbocharger business in Process Automation business segment and to divest/sale of Dodge Mechanical Power Transmission business in Motion business segment. In this regard, the Board authorized the management of the Company to take all required steps including appointment of advisors, valuers etc.

ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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