ABB to Buy Rotork in $5.5B Automation Deal

🇬🇧 Offshore Engineer (GB) —
ABB to Buy Rotork in $5.5B Automation Deal

AI Summary

ABB has agreed to acquire the UK-based intelligent flow control solutions provider Rotork in a $5.5 billion all-cash deal. This acquisition aims to expand ABB's automation portfolio and market presence internationally.

ABB has agreed to acquire UK-based intelligent flow control solutions provider Rotork in a recommended all-cash deal valuing the company at about $5.5 billion, expanding…

Markets Deals AI & Tech ABB Rotork acquisition automation flow control UK technology deal

Read original source →