ABB sells power conversion division to Taiwanese firm
The Zurich-based engineering conglomerate has agreed to sell its Power Conversion division to AcBel Polytech Inc. for $505 million (CHF463 million).
Source: swissinfo.ch
Stay updated with breaking news from Lineage Power. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Zurich-based engineering conglomerate has agreed to sell its Power Conversion division to AcBel Polytech Inc. for $505 million (CHF463 million).
(RTTNews) - Swiss engineering company ABB Ltd.(ANN.L, ABB) said that it agreed to sell its Power Conversion division to AcBel Polytech Inc. for $5...