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Stock Market & Financial Investment News

News Breaks
February 12, 2013
09:02 EDTABBABB to acquire APS Technology Group; terms not disclosed
ABB will acquire San Diego-based APS Technology Group to add optical character recognition and gate automation capabilities to further improve safety, productivity and efficiency of port operations as containerized shipping grows worldwide. No major changes to staffing, product offerings or marketing efforts are planned. Terms of the deal were not disclosed.
News For ABB From The Last 14 Days
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July 22, 2015
07:16 EDTABBActivist may push for ABB break-up, Bloomberg reports
Activist investor Cevian Capital is now the second largest stakeholder in ABB with a 5.1% stake and may push for a breakup or other changes at the power grid maker, according to Bloomberg, citing a person familiar with the investor's plans. Reference Link

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