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GCB hitachi and abb process for sale

ABB to exit three divisions with revenues of $1.75 billion ... day ago· The former Sandvik boss has said ABB has been weighed down by a business model that was too complicated. Earlier this year it completed the sale of its power grids business to Hitachi, and said it would return cash proceeds of $7.6 billion to $7.8 billion to investors.

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