ABB to divest solar inverter business to Fimer SpA

📆 09/07/2019 13:19:00
📰 MarketWatch

⏱ Reading Time:
1 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

ABB Ltd. (ABBN.EB) said Tuesday that Italy's Fimer SpA will acquire ABB's solar-inverter business and its associated liabilities. The Swiss industrial group said it will take an aftertax, non-operational charge of about $430 million in the second quarter from the deal. Around 75% of the financial hit will come from payments ABB will make to Fimer, and the company expects separation charges of around $40 million starting in the second half of 2019.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

ABB quits solar inverter business, takes $430 million chargeABB will take a $430 million charge after quitting the solar inverter business a... So what come next? They dont want solar nor power grid. How about abb-ge marriage proposal.
Fonte: Reuters - 🏆 2. / 97 Leggi di più »

French business elite cut Macron slack for slower reform paceAssailed by social unrest and lagging in opinion polls, French President Emmanue... He’s delivered them the ECB. They’re pleased with his work. Thankfully the jiletsjaunes won’t be cutting him slack this summer!! PowerToThePeople whatever he does, it is wrong. Why is he doing this to himself? Let the French in their shit and have a good life!
Fonte: Reuters - 🏆 2. / 97 Leggi di più »