ABB to Buy GE’s Electrical Gear-Making Business for $2.6 Billion

Greentech Media
By info@greentechmedia.comSep 27, 2017, 8:13 am136 ptsTrending
ABB is buying General Electric’s industrial solutions business for $2.6 billion, with an eye on competing with top player Schneider Electric in the U.S. market share for circuit breakers, switchgear and other low-voltage electrical equipment, as well as specialized lighting control and power supply equipment…

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