ABB explores options to sell Power Grids business – sources

19 October 2018, News Wires — ABB is exploring a sale of its Power Grids business, people familiar with the matter told Reuters, representing a U-turn by Chief Executive Ulrich Spiesshofer who defied activist shareholders to keep the unit two years ago. ABB is examining various options for Power Grids, its second-largest but lowest-margin business, three … More »