Recently, ABB Ltd. (ABB) announced that its has signed an agreement to divest Thomas & Betts’ heating, ventilation and air conditioning (:HVAC) business to Nortek Inc. (NTK). The deal is an all-cash ...
Post the acquisition of Power-One in 2013, the power solutions segment was integrated into ABB’s business. However, the business did not generate the desired results as it failed to complement ABB’s ...