ZURICH--(BUSINESS WIRE)--NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key ...
As the first major step in the strategic evaluation of its massive Power Grids division, ABB Ltd.ABB has decided to sell its global high-voltage cable system business to NKT Cables in a deal worth ...
ABB announces a breakthrough in cable technology by successfully developing and testing a 525-kV extruded high-voltage direct current (HVDC) cable system to make renewable energy installations more ...
NKT Cables is acquiring ABB’s global high-voltage cable system business for $934m. High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of ...
Bjoern Kleister, Head of Strategy & Business Development, ABB Installation Products, Khalid Mandri, President of ABB Installation Products, Bruno Reufels, Chief Executive Officer of Niedax Group, and ...
ZURICH (Reuters) - ABB is selling its high-voltage cabling business to NKT Cables in a deal worth 836 million euros ($932 million), the first fruit of the Swiss power and automation company's review ...
Zurich—ABB Ltd. said Wednesday that it will sell its global high-voltage cable system business to NKT Cables in a deal that has a total enterprise value of €836 million ($934 million). The deal is ...
As the first major step in the strategic evaluation of its massive Power Grids division, ABB Ltd. ABB has decided to sell its global high-voltage cable system business to NKT Cables in a deal worth ...
Integrates strengths of ABB and Niedax Group to deliver a complete solution offering and enhanced customer value Expands North American cable tray manufacturing capabilities to serve evolving customer ...
NKT Cables, a global manufacturer of cable solutions, is acquiring ABB’s global high-voltage cable system business with a total enterprise value of €836 million ($934 million). High voltage cables are ...