ABB: Shaping a leader focused in digital industries
Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns
· Focus of portfolio on digital industries through divestment of Power Grids
Divestment of Power Grids to Hitachi expands existing partnership and strengthens Power Grids as a global infrastructure leader with enhanced access to markets and financing
Enterprise Value of $11 billion for 100% of Power Grids, equivalent to an EV/op. EBITA multiple of 11.2x[1]
Crystalliz...