ABB

Banks finalize loan for SoftBank’s $5.4B ABB robotics deal

A group of banks has finalized a loan package to back SoftBank Group's $5.4 billion acquisition of ABB's robotics division, according to Bloomberg, after the lenders increased the size of the dollar tranche in the financing. The deal represents one…

ABB posts record Q2 orders, raises 2026 outlook again

Shares of ABB India soared nearly 10% on Thursday to hit a fresh 52-week high of Rs 7,924.50, after Swiss parent ABB Ltd reported record quarterly orders and raised its full-year 2026 revenue guidance.

ABB agrees to buy UK’s Rotork in $5.5 billion deal

Swiss industrial technology giant ABB announced on Thursday its largest-ever acquisition, agreeing to buy British flow-control equipment maker Rotork in an all-cash deal valued at an enterprise value of approximately $5.5 billion. The news sent Rotork shares surging roughly 67%…