ABB to spin off Accelleron and list the company on SIX Swiss Exchange The transaction will allow both ABB and Accelleron to focus on their respective core strategies and long-term value creation for ...

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders.

ABB (ABB -1%) said its shareholders approved all proposals by the company's board, including a dividend increase and confirmation of Peter Voser as Chairman. CEO Bjorn Rosengren told the annual ...

Swiss automation group ABB on Tuesday rebranded its turbocharging business "Accelleron" and said it expected to make the final decision on whether to sell or spin it off towards the end of the first ...

ZURICH--(BUSINESS WIRE)--The shareholders of ABB approved the proposed spin-off of its Accelleron turbocharging division at today’s Extraordinary General Shareholders Meeting of ABB Ltd held in Zurich ...

ZURICH (Reuters) -Swiss engineering company ABB still intends to divest its turbocharging business but is in no rush and is aiming to make a final decision before the end of the second quarter, Chief ...

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders.

ZURICH (Reuters) – Swiss automation group ABB on Tuesday rebranded its turbocharging business “Accelleron” and said it expected to make the final decision on whether to sell or spin it off towards the ...