ABB Advised by Credit Suisse, Dyal on Potential Power-Grid Sale -Bloomberg
October 18 2018 - 1:02AM
Dow Jones News
--ABB has hired Credit Suisse and Dyal to advise on options for
its power-grid unit, indicating the Swiss engineering company is
considering a sale of the $10-billion business, Bloomberg reports,
citing unnamed sources.
--ABB's board is set to take a decision by the end of the year
on whether or not to pursue a deal, Bloomberg says.
Full story: https://bloom.bg/2RXiFg0
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(END) Dow Jones Newswires
October 18, 2018 01:47 ET (05:47 GMT)
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