ABB has completed divestment of mechanical power transmission division (Dodge) to RBC Bearings for $ 2.9 billion in cash. With the divestment, ABB has completed the first of the three previously announced exits from divisions.
It is an important milestone in ABB’s strategy of active portfolio management and further strengthens its balance sheet.
ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.
| Company Name | CMP |
|---|---|
| Havells India | 1309.65 |
| Siemens | 3737.70 |
| Apar Inds | 11957.40 |
| ABB India | 7205.20 |
| Waaree Energies | 3447.45 |
| View more.. | |
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