ABB raises $209 mln from selling stake in EV charging business
Source: Reuters
Sale values E-mobility at 2.4-2.5 bln SfrABB aims to float the business in second half of 2023Buyers include investors linked to IKEA and AMAGZURICH, Nov 21 (Reuters) - ABB (ABBN.S) has raised around 200 million Swiss francs ($209 million) from selling an 8% stake in its electric vehicle (EV) charging business, as the Swiss engineering and technology company drums up interest in a unit it hopes to float next…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at Reuters