Zurich (SIX Swiss Exchange) at 2012-05-16 17:31:00 (ABBN VX) 0.71% 15.65 CHF
Stockholm (NASDAQ OMX) at 2012-05-16 12:59:00 (ABB) 0.17% 117.80 SEK
New York (NYSE) at 2012-05-17 16:03:00 (ABB) -1.11% 16.07 USD

ABB global news

ABB completes acquisition of Thomas & Betts

2012-05-16: US becomes ABB’s largest market with about $6.6 billion in annual revenue and 19,000 employees

ABB’s Pending Acquisition of Thomas & Betts Receives EU Antitrust Clearance; All Regulatory Conditions to Closing Now Satisfied

2012-05-11: Zurich, Switzerland and Memphis, Tennessee, May 11, 2012 – ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Thomas & Betts Corporation (NYSE: TNB), a North American leader in low voltage products, today announced that the European Commission has cleared ABB’s proposed acquisition of Thomas & Betts.

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