ABB GroupElectricity grid business to be divested, the Group restructured
The ABB Group intends to focus its portfolio on digital industries in future and is selling its power grids business to Hitachi as part of this. A new corporate structure will also take effect from April 2019.
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<p>"Today's measures will create a new ABB, a technology leader focused on digital industries," said ABB CEO Ulrich Spiesshofer.</p> © ABB