BUSINESS● LOW1h ago · Oct 20, 2026, 11:59 AM
ABB to pay $495M for 51% stake in low-voltage power distribution JV with Mitsubishi Electric
Seeking Alpha Tech · global
ABB is set to acquire a majority stake in a low-voltage power distribution joint venture with Mitsubishi Electric for $495 million. This represents a significant business transaction in the industrial sector.
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