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ABB ACQUISITIONS
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
Time to buy? Sunny Agrawal finds best picks across banking, pharma, capital markets & infrastructureIndian stock markets present attractive opportunities now. Investors with an 18-month outlook should consider deploying funds, especially i...
Sun Pharma closes in on Organon buy, gets set for $12 billion binding bidSun Pharmaceutical Industries is nearing a $12 billion acquisition of Organon & Co, marking its most significant overseas expansion. Follow...
ABB open to 'more than one' big deal in renewed M&A drive, chairman saysSwiss engineering powerhouse ABB is embarking on an ambitious acquisition journey, expressing interest in several multi-billion dollar deal...
AbbVie in advanced talks to buy cancer drugmaker revolution medicines, shares jump nearly 30%AbbVie is in advanced talks to buy Revolution Medicines, a cancer drug company. The news pushed Revolution Medicines shares sharply higher....
TCS, ABB extend 18-year partnership; to implement AI driven IT operationsTata Consultancy Services (TCS) on Wednesday said it has extended its 18-year partnership with ABB to implement AI-driven IT operations and...
ABB to sell robots business to SoftBank in $5.38 billion dealSoftBank Group is acquiring ABB's robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank founder Ma...
ABB considering big acquisitions after $5.4 billion sale of robotics businessABB is open to significant acquisitions following its $5.4 billion sale of its robotics division to Softbank Group. CEO Morten Wierod state...
ABB crosses 10GW in delivering renewable energy solutionsABB's PLC-based SCADA (supervisory control and data acquisition) system is an automation control solution, which helps gather and analyze r...
Hitachi India aims to contribute USD 20 billion to parent's global revenue by 2030"Some of the horizontal enablers that support integrating technologies using digital as the catalyst including Artificial Intelligence (AI)...
ABB India mulls utilising Rs 1,800 cr for acquisitions to drive growthSharma stated that its electronics, railways & metro, data centres, warehouse & logistics and renewables segments are growing at a high rat...
ABB India mulls utilising Rs 1,800 crore for acquisitions to drive growth"We have a robust cash balance of Rs 3,616 crore, which can support (it) to take part in the bolt-on acquisition strategies to the extent o...
Has the open offer for ABB Power bypassed Sebi rule?Investors say the Rs 865.92 per share offered by ABB and Hitachi is Rs 124.27 less than the price calculated according to Sebi norms.
CCI approves Hitachi's stake-buy in ABB's power grid armber 2018, Swiss power major ABB Group had said the Japan-based Hitachi will buy an 80.1 per cent stake in its power grids arm in a deal tha...
- ABB India to acquire operating biz of ABS Global
Acquisition is to generate additional revenue of about Rs 250 crore for the company annually.
- ABB buys Chloride Group for $1.25 blln
ABB is buying Chloride Group for an agreed 860 million pounds ($1.25 billion), the Swiss engineering group said on Tuesday, announcing its ...
- ABB looks to buy 22.9% more in Indian arm
Zurich-headquartered ABB stunned markets on Monday with an unexpected offer to increase stake in its Indian subsidiary by 22.89% at a cost ...
- ABB buys US software firm Ventyx for over $1 billion
ABB Ltd is acquiring US software firm Ventyx for more than $1 billion in a bid to become a key player in energy management software, smart ...
- LIC increases its equity stake in ABB Ltd by about 2.02%
Life Insurance Corp of India, has increased its equity stake in ABB Ltd, the Indian unit of the global engineering major, by about 2.02%, f...
- ABB CEO quits over ‘irreconcilable differences’ with board
ABB chief executive officer Fred Kindle, who returned the Swiss company to profit and dividends after four years of losses, resigned after ...