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ABB To Acquire 51% Stake In Mitsubishi Electric Joint Venture For JPY 82.4 Bln

RTTNews | Oct 20, 2026 1:34 AM EDT


(RTTNews) - ABB Ltd. (ABB.ST, ABBNY), a technology company, on Tuesday announced that it will acquire a 51 percent controlling stake in a joint venture with Mitsubishi Electric Corp. (6503.T).

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