Brief: ABB Acquires Rotork

Abb

16/07/2026 06:07

July 16 (Reuters) - ABB LTD ABBN.S:
EXPANDS AUTOMATION OFFERING WITH ACQUISITION OF ROTORK
RECOMMENDED ALL-CASH OFFER AT 503 PENCE PER ROTORK SHARE
DEAL IMPLIES ENTERPRISE VALUE OF $5.5 BILLION FOR ROTORK
OFFER REPRESENTS 60% PREMIUM TO ROTORK 3-MONTH AVERAGE SHARE PRICE
ROTORK SHAREHOLDERS ENTITLED TO INTERIM DIVIDEND UP TO 3 PENCE PER SHARE TO JUNE 30, 2026
ROTORK EXPECTED TO ADD 3% TO ABB REVENUES AND BE ACCRETIVE TO OPERATIONAL EBITA MARGIN
DEAL EXPECTED TO CLOSE IN FIRST HALF OF 2027, SUBJECT TO APPROVALS
REDEPLOYMENT OF NET CASH PROCEEDS FROM ROBOTICS DIVESTMENT WITH FURTHER HEADROOM FOR M&A AND CONTINUATION OF SHARE BUYBACKS
Source text: ID:nEQ5gwpJda
Further company coverage: ABBN.S

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