ABB to put more focus on M&A pipeline, CEO says
ZURICH, Nov 18 (Reuters) - ABB aims to step up mergers and acquisitions, CEO Morten Wierod said on Tuesday at the Swiss engineering group's capital markets day in New Berlin, Wisconsin. ABB will focus on building an M&A pipeline, Wierod said. "Larger deals will also be considered," he added. (Reporting by Ariane Luthi) ((Ariane.Luthi@thomsonreuters.com;))
Recent news on Abb
See all newsBrief: ABB To Acquire Høglund To Expand Marine Automation Offering
Europe Research Roundup: Domino's Pizza Group, L'Oreal, RWE
Morgan Stanley upgrades Belimo on data centre upside, shares jump
Analysis: Businesses fear for economy if Swiss vote to cap population at 10 million
Brief: ABB Chosen for Chinese Chemical Facility