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ABB: talks with GE close to completion.

(CercleFinance.com) - According to Bloomberg, which mentions anonymous sources, negotiations about ABB's acquisition of General Electric's "Industrial Solutions" division are soon set to end.


The financial information website states that the agreement could be formalised in the coming weeks.

There was talk in the media of a resumption of negotiations between both companies last August. As part of the American conglomerate's refocusing strategy, the deal is expected to exceed 2 billion dollars.


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