ABB announced an agreement to acquire UK flow control and actuator manufacturer Rotork for an enterprise value of about $5.5B. The deal meaningfully expands ABB’s positioning in industrial automation and flow control, which should be supportive for sentiment around ABB’s growth outlook.
ABB announced an agreement to acquire UK flow control and actuator manufacturer Rotork for an enterprise value of about $5.5B. The deal meaningfully expands ABB’s positioning in industrial automation and flow control, which should be supportive for sentiment around ABB’s growth outlook.
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mildly positive
Sentiment Score
0.25
Ticker Sentiment
