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 ...
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 ...
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 ...
NKT will buy ABB HV Cables from Switzerland-based ABB, which has been reviewing its Power Grids operation, under an agreement that values the business to be acquired at €836m ($934m). The ABB ...
Complementary strengths to create a leading player in the cable industry. ABB and NKT Cables sign agreement for long-term strategic partnership. Sale demonstrates ABB’s commitment to active portfolio ...
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’s high-voltage cable technology and manufacturing as well as service footprint is highly complementary with NKT Cables’ activities, making the combined business ideally suited to serve the rising ...
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 ...
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