ABB
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ABB to buy back shares worth up to $1 billion
01 Apr 2024
Electrification and automation technology leader ABB will launch a new share buyback programme for up to $1 billion, under which the company will be buying back nearly 21.3 million shares at the current market price.
ABB to acquire DTN’s weather routing business to expand marine software portfolio
25 Jan 2024
Swedish-Swiss technology conglomerate ABB has agreed to acquire the shipping business of weather and meteorological forecasting specialist DTN
ABB boosts technology base with 3 new acquisitions in January
20 Jan 2024
Swedish-Swiss multinational ABB has made three major technology acquisitions in January that the company says will cement its capabilities in core business areas such as utility, manufacturing, transportation and infrastructure.
ABB teams up with Titagarh Rail for metro projects in India
22 Nov 2023
ABB Ltd, a global leader in electrification and automation technology, has formed a strategic partnership with Titagarh Rail Systems Ltd for the supply of Metro Rail propulsion systems.
ABB sells over 80% in Power Grids to Hitachi for $9.1 bn
18 Dec 2018
Post divestment ABB plans to modify the structure of its remaining businesses and focus on simplified digital industries for enhanced customer value and shareholder returns
ABB appoints Sanjeev Sharma as India MD
11 Dec 2015
ABB announces $4-bn share buyback
09 Sep 2014
ABB Ltd chief executive Ulrich Spiesshofer said the buyback programme would be funded through cash from recent divestments
ABB to acquire renewable energy firm Power-One for $1 billion
22 Apr 2013
The acquisition will enable ABB to emerge as a leading global supplier of solar inverters, the growth for which the International Energy Agency projects to grow by more than 10 per cent per year until 2021
ABB to acquire the rail business of RGM
31 Jul 2012
EU approves ABB’s $3.9-bn acquisition of Thomas & Betts
12 May 2012
Swiss engineering group ABB yesterday secured European Union approval for its proposed $3.9-billion acquisition of US electrical components maker Thomas & Betts
ABB to acquire US electrical components maker Thomas & Betts for $3.9 bn
30 Jan 2012
This is ABB's second major deal under its CEO, Joe Hogan, after the 2010 acquisition of electrical motor maker Baldor Electric Company for $4.2 billion
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