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View Full Version : ABB to Buy Thomas & Betts for $3.9 Billion to Expand U.S. Power Equipment - Bloomberg



NewsWhore
01-30-2012, 01:53 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHsT25WVySPnSU1MIeC1xz91kqmWg&url=http://www.bloomberg.com/news/2012-01-30/abb-to-buy-thomas-betts-for-3-9-billion-to-expand-u-s-power-equipment.html)


ABB to Buy Thomas & Betts for $3.9 Billion to Expand U.S. Power Equipment (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHsT25WVySPnSU1MIeC1xz91kqmWg&url=http://www.bloomberg.com/news/2012-01-30/abb-to-buy-thomas-betts-for-3-9-billion-to-expand-u-s-power-equipment.html)
Bloomberg
“Cross- border M&A with European companies buying US assets also makes strategic sense as a logical hedge against softening European markets and a weakening currency.” Among Thomas & Betts's products are also towers for electrical power transmission ...

and more » (http://news.google.com/news/more?ned=us&ncl=dY5LJMd3Fk0DkpM)





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