Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

ABB buys GE unit for $2.6 billion to boost North American business

SHARE:

FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen in Baden, Switzerland June 23, 2017.

ZURICH - ABB is buying General Electric’s Industrial Solutions unit for $2.6 billion to expand its reach in North American markets, the Swiss engineering company said on Monday.

Zurich-based ABB sees a potential for cost synergies of $200 million yearly with the deal, which includes terms for long-term use of GE’s brand. In 2016, Industrial Solutions had sales of about $2.7 billion, with an operating margin of some 8 percent.

GE had resumed negotiations to sell the business to ABB after the U.S. industrial conglomerate moderated its price expectations, people familiar with the matter told Reuters in August.

COMMENTS

Name

Ads,5,Afghanistan,75,Africa,26,Americas,5,Animals,36,Argentina,1,Asia,235,Australia,11,Austria,5,Bahrain,2,Bangladesh,18,Barcelona,1,Belgium,3,Brunei,1,Business,1300,Canada,4,Catalan,80,China,118,Cuba,3,Czech Republic,3,DR Congo,1,Egypt,22,Ethiopia,1,Europe,237,Fitness,14,France,26,Germany,37,Headlines,11,Health,169,Hillary Clinton,199,Hong Kong,2,Hungary,1,Iceland,1,India,104,Indonesia,9,International,75,Iran,77,Iraq,77,Ireland,2,Islamophobia,19,Israel,10,Italy,3,Japan,36,Jordan,1,Kenya,7,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malawi,1,Malaysia,15,Malta,1,Maxico,3,Middle East,127,Muslim World,598,Myanmar,35,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,2,Nobel Prize,81,North Korea,53,Norway,1,Opinion,26,Pakistan,1036,Palestine,36,Philippine,16,Pics,66,Poland,3,Popular,1,Qatar,93,Rohingya,118,Russia,45,Rwanda,1,Saudi Arabia,83,Science,144,Serbia,2,Showbiz,350,Somalia,4,South Africa,1,South Korea,7,Spain,60,Sports,1311,Sudan,1,Sweden,1,Switzerland,2,Syria,112,Taiwan,2,Technology,449,Thailand,5,Today IN History,24,Top News,994,Tunisia,1,Turkey,77,U.S.,301,UAE,21,UK,51,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4824,Yemen,21,Zimbabwe,2,
ltr
item
Muslim Global: ABB buys GE unit for $2.6 billion to boost North American business
ABB buys GE unit for $2.6 billion to boost North American business
ABB is buying General Electric’s Industrial Solutions unit for $2.6 billion to expand its reach in North American markets, the Swiss engineering company said on Monday.
https://2.bp.blogspot.com/-CwAiSPRSjgs/WcidM2n8GOI/AAAAAAAAhyc/3F8Ezv6PnuY_zxHo_k4jQno1GQd83S0zgCLcBGAs/s640/The%2Blogo%2Bof%2BSwiss%2Bpower%2Btechnology%2Band%2Bautomation%2Bgroup%2BABB%2Bis%2Bseen%2Bin%2BBaden%252C%2BSwitzerland.jpg
https://2.bp.blogspot.com/-CwAiSPRSjgs/WcidM2n8GOI/AAAAAAAAhyc/3F8Ezv6PnuY_zxHo_k4jQno1GQd83S0zgCLcBGAs/s72-c/The%2Blogo%2Bof%2BSwiss%2Bpower%2Btechnology%2Band%2Bautomation%2Bgroup%2BABB%2Bis%2Bseen%2Bin%2BBaden%252C%2BSwitzerland.jpg
Muslim Global
http://www.muslimglobal.com/2017/09/abb-buys-ge-unit-for-26-billion-to.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/09/abb-buys-ge-unit-for-26-billion-to.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy