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Transformers abb power grids End of Life Services rental

Hitachi to Acquire ABB's Power Grids Unit Valued at $11 ... will acquire about 80.1 percent of the business while ABB will hold the rest. The sale of the business -- which makes power transformers, long distance electricity-transmission systems and energy storage units -- would shrink ABB's revenue by about a quarter and leave the Swiss engineering giant more focused on robotics and automation.

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