Does ABB have Rockwell in Its Sights?

Jul 13, 2007

According to a report on this morning, Swiss-based ABB is flush with cash and looking to buy up a competitor. The two names mentioned in the report are French company Legrand and Milwaukee-based Rockwell Automation. According to the news story, ABB has about $10 billion in its piggybank, and its board is considering a variety of options on where to spend it.

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments