China trade steps seen as good start but leave core U.S. demands untouched
December 17, 2018Asian shares perk up ahead of key policy events in China, U.S.
December 17, 2018ABB to sell Power Grids to Hitachi, revamp business structure
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ABB reached a deal with Japan’s Hitachi to sell its Power Grids division, with the Swiss engineering group adding it plans to return net cash proceeds of $7.6-7.8 billion from selling the 80.1 percent stake in the unit to shareholders.
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