ZURICH--(BUSINESS WIRE)--NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key ...

ABB announces a breakthrough in cable technology by successfully developing and testing a 525-kV extruded high-voltage direct current (HVDC) cable system to make renewable energy installations more ...

As the first major step in the strategic evaluation of its massive Power Grids division, ABB Ltd.ABB has decided to sell its global high-voltage cable system business to NKT Cables in a deal worth ...

Bjoern Kleister, Head of Strategy & Business Development, ABB Installation Products, Khalid Mandri, President of ABB Installation Products, Bruno Reufels, Chief Executive Officer of Niedax Group, and ...

NKT Cables is acquiring ABB’s global high-voltage cable system business for $934m. High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of ...

ZURICH (Reuters) - ABB is selling its high-voltage cabling business to NKT Cables in a deal worth 836 million euros ($932 million), the first fruit of the Swiss power and automation company's review ...

Complementary strengths to create a leading player in the cable industry. ABB and NKT Cables sign agreement for long-term strategic partnership. Sale demonstrates ABB’s commitment to active portfolio ...

As the first major step in the strategic evaluation of its massive Power Grids division, ABB Ltd. ABB has decided to sell its global high-voltage cable system business to NKT Cables in a deal worth ...

ABB’s high-voltage cable technology and manufacturing as well as service footprint is highly complementary with NKT Cables’ activities, making the combined business ideally suited to serve the rising ...

NKT Cables, a global manufacturer of cable solutions, is acquiring ABB’s global high-voltage cable system business with a total enterprise value of €836 million ($934 million). High voltage cables are ...