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ABB Ltd. is a technology company, which engages in the development and provision of electrification, motion and automation solutions. It operates through the following business segments: Electrification, Industrial Automation, Motion, Robotics & Discrete Automation and Corporate and Other.
Björn Klas Otto Rosengren
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RBC Bearings Stock Jumps On Acquiring ABB's DODGE Mechanical Power Transmission Business For $2.9B
RBC Bearings Inc (NASDAQ: ROLL) has agreed to acquire the DODGE mechanical power transmission division (DODGE) of ABB Ltd (NYSE: ABB) for $2.9 billion in cash.
ABB to Sell Dodge Business to RBC Bearings for $2.9 Billion
(Bloomberg) -- ABB Ltd. is selling its mechanical power transmission business to RBC Bearings Inc. as Chief Executive Officer Bjoern Rosengren swiftly overhauls
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ABB to Divest Mechanical Power Transmission Division (Dodge) to RBC Bearings for $2.9 Billion
ABB today announced it has signed a definitive agreement to divest its Mechanical Power Transmission division (Dodge) to RBC Bearings Incorporated (Nasdaq: ROLL
RBC Bearings near deal to buy ABB's transmission unit -Bloomberg News
(Reuters) - RBC Bearings Inc is in advanced talks to buy the power transmission unit of Swiss industrial giant ABB Ltd, Bloomberg reported on Sunday. The repor
RBC Bearings Nears $3 Billion Deal for ABB’s Dodge Unit
(Bloomberg) -- RBC Bearings Inc. is in advanced talks to buy ABB Ltd.’s mechanical power transmission business, according to people familiar with the matter. A