Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

ABB shareholders approve Accelleron spinoff

ABB shareholders approve Accelleron spinoff
ABB shareholders approve Accelleron spinoff Copyright  Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on
Share Comments
Share Close Button

ZURICH - ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise efficiency while also reducing fuel consumption.

ADVERTISEMENT
ADVERTISEMENT

ABB said in July it would spin off the business to shareholders with the aim of listing it on the SIX Swiss Stock Exchange in October.

Go to accessibility shortcuts
Share Comments

Read more