FILING ANALYSIS · TUESDAY, OCTOBER 20

Abb Ltd 0NX2 — RNS: Abb Joint Venture With Mitsubishi Electric To

positive

ABB's joint venture with Mitsubishi Electric, acquiring a 51% stake for $495 million, is expected to enhance its position in Asia-Pacific markets and achieve an operational EBITA margin of at least 20% within five years. The transaction values the combined businesses at approximately $890 million, anticipating synergies to improve earnings.

The filing

Abb Ltd — Abb Joint Venture With Mitsubishi Electric To

Read the RNS announcement →

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