ABB delays IPO of E-mobility business citing 'challenging' market

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

ZURICH :ABB is delaying the initial public offering of its E-mobility electric vehicles charging business, the Swiss engineering and technology company said on Tuesday, citing 'challenging' market conditions.'Current market conditions make it challenging to complete the planned listing of ABB's E-mobility bus

ZURICH :ABB is delaying the initial public offering of its E-mobility electric vehicles charging business, the Swiss engineering and technology company said on Tuesday, citing"challenging" market conditions.

"Nevertheless, we constantly observe the market developments and intend to launch the IPO in the coming weeks subject to constructive market conditions."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines