ABB sells stake in Power Grids business to Hitachi for 6.85bn technology company ABB has completed the sale of 80.1% of its Power Grids business. Japanese company Hitachi has paid $6.85bn for ABB's former stake. The deal was first announced in December 2018, when Hitachi signed an agreement to acquire ABB's Power Grids business.
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Hitachi ABB Archives - Switchgear Content Electric company has won Industrial Energy Efficiency Award at Hannover Messe for SF6-Free Medium Voltage Switchgear; GE Provides the first industrial order g³ gas insulted switchgear; Selected articles about switchgear automation (The fourth part) Hitachi ABB Power Grids …
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ABB: Q3 2020 Results - sg.news.yahoo.com· ABB divested 80.1 percent of its Power Grids business to Hitachi on July 1, 2020, recording a book gain of $5.3 billion in the quarter within net income from discontinued operations. As previously announced, ABB intends to return to shareholders net …
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