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Transformers grids gas unit for sale

ABB explores options to sell Power Grids business – sources is exploring a sale of its Power Grids business, people familiar with the matter told Reuters, representing a U-turn by Chief Executive Ulrich Spiesshofer who defied activist shareholders to keep the unit two years ago. ABB is examining various options for Power Grids, its second-largest but lowest-margin business, three sources said, with a decision […]

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